❗❗❗December 25 Market Analysis

1. Bitcoin Market: Yesterday, the price of Bitcoin rose from $92,000 to $98,000, recovering all the losses from three consecutive days of decline in just one day, showing strong momentum.

2. Capital Inflow Interpretation: News mentioned an inflow of 15,000 BTC into exchanges, raising concerns about a potential dump. However, on-chain data revealed that all of it went to Bithumb exchange. Given its historical reserve records often show similar situations, it is judged to be organizing cold wallets, not a dump, so there is no need to panic. Additionally, Binance saw an inflow of around 1,000 BTC, and stablecoins experienced a slight outflow.

3. Impact of US Stock Market Closure: In the second half of December, the US stock market usually performs well. However, during the Christmas period, the US market will close early at 1 PM local time on Tuesday and will reopen on Thursday, followed by another closure for New Year's Day, resulting in sluggish trading.

4. Operational Suggestions: After the holiday, Bitcoin is expected to return to the $100,000 high point. During this time, avoid opening long or short positions as it can easily lead to liquidation; holding spot positions is sufficient.

5. Recommended on Dips: Consider Uni, FTM, ENA, SUI, PEPE, ZRO.