【12.25 Morning Thoughts】

On this Christmas morning, I would like to extend my sincere greetings to everyone. I hope you can fully enjoy this wonderful Christmas time. Wishing you all a Merry Christmas 🎄!

Looking back at Christmas Eve, the price of Bitcoin first surged from around 94035 to approximately 98716, and then retraced to 97250. Currently, its price fluctuates around 98500. Given that the U.S. stock market is closed, the overall market is expected to mainly consolidate sideways. Please pay close attention to the key levels of 92400, 93000, 94850, and 97250. Based on this situation, today’s trading suggestion is to go long at lower levels.

Bitcoin: If it retraces to around 96500 - 96900, you can go long, targeting around 100000.

Ethereum: If it retraces to around 3370 - 3400, you can go long, targeting around 3600.

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