#加密市场盘整

Market Trends and Recent Market Review

- Bitcoin experienced a notable decline around December 20, dropping from over $100,000 to around $92,000. On the 24th, the price was approximately $92,922, down 2.7% in the past 24 hours and about 13% from recent highs, but it has still accumulated over 100% increase since the beginning of this year.

- Ethereum rose 2.1% on the 24th, having previously fallen below $3,500 during the downturn.

- On December 24, Bitcoin showed a volatile consolidation trend, while Ethereum moved upward, and altcoins also experienced varying degrees of rebounds.

Outlook for Future Trends

- Bitcoin: The majority opinion is that Bitcoin's current pullback is temporary and that its long-term upward trend remains unchanged. Some traders believe Bitcoin may reach $108,358 in the coming days, but they also pointed out that the price might pull back to $76,614 during the upward trend. Furthermore, institutions are relatively optimistic about Bitcoin's future performance, with strong buying interest from sources including the US BTC ETF, El Salvador, US-listed companies, and Japanese companies continuing to purchase.

- Ethereum: Ethereum's performance is slightly weaker than Bitcoin's, but there are signs of stabilization and rebound. Attention should be paid to whether it can break through the short-term resistance level of $3,500-$3,600. If it can break through and stabilize around $3,800, it is expected to continue challenging historical highs.

- Altcoins: Currently, altcoins are in a bottom adjustment phase, and some potentially promising altcoins have shown entry signals. However, overall, the altcoin season has not fully arrived yet, and we need to wait for further clarification of the trends of Bitcoin and Ethereum. If both stabilize and continue to break upward, it will be more promising.