When the Christmas bells in the United States rang, the half-month long holiday arrived as scheduled, and retail investors set out on their journey home to enjoy the warm time of reunion with their families. At this moment, the whole world seems to be immersed in tranquility. The war in the Middle East has temporarily extinguished, and the tension between Ukraine and Russia has eased, as if the whole world is making way for the American people's holiday. In this delicate balance of "the enemy does not move, I do not move", we can't help but wonder: What kind of undercurrent is hidden behind this short tranquility?
Bitcoin, the digital currency that once excited countless people, seems to have entered a hibernation period. Many people have a question in their minds: Will Bitcoin suddenly explode at this quiet moment and usher in a wave of sharp rises? However, the answer may not be that simple. Wall Street's financial traders also have seven emotions and six desires, they need to live, travel, rest and relax. At this time when everyone is on holiday, why should they jump around alone and perform a one-man show that no one is watching?
However, market fluctuations are always so unpredictable. Recently, the rebound of BTC seems to have thrown a stone into the calm lake. But this is not the masterpiece of Wall Street bankers, but the game between bankers and hot money in the East. They took advantage of the opportunity of the bankers in the West to take a break and cleverly harvested leeks. After all, in the East, the number of retail investors is still huge, and they are like lambs to be slaughtered, waiting for the arrival of hunters.
Meanwhile, the situation in East Asia remains turbulent. South Korea's president has been impeached, and lawsuits are raging. In this complex era, people seem to be paying the price for their choices. And those countries that praise people's trade as self-improvement and hard work are even more shameless!
Back to the trend of Bitcoin, on the daily level, Bitcoin has been rebounding, but has never been able to break through the lower edge of the rising trend line. This is like a protracted war, and both sides are looking for an opportunity to break through. The recent selling of liquidity, the outflow of funds from spot ETFs, and the holiday on Wall Street have all put the market in a deadlock of sideways fluctuations. The pressure near 99,500 above is like a boulder pressing down on the top, while the support of 95,000-90,500 below is like the last line of defense.
At the four-hour level, the pressure from above cannot be ignored. But at this moment, we may choose to do a small short operation, set a stop loss point, and wait and see. After all, market fluctuations are always so unpredictable. The support point below is like our safety net, reminding us not to blindly chase high prices.
In this market full of opportunities and challenges, we need not only courage and determination, but also patience and wisdom. We don't have to rush to act when the time is not right; when greed arises again, we must remain calm and rational. Because many altcoins are still struggling in the downward trend, and the opportunity that belongs to us may come quietly in the next callback. So, when the opportunity comes, please be sure to grab it tightly and don't let it slip through our fingertips. Remember: Jin Xin reminded you!