Tuesday, waving goodbye to 2024, starting with short positions then going long, let’s celebrate the New Year together!
Not everyone wishes you well, but as soon as you start to do a bit better, you will attract endless rumors, just like Ultraman's light; whenever it begins to shine, there will always be clouds trying to overshadow it...
Today is the last day of 2024, reminiscing about the past, everything is vivid in memory. We have experienced so much: international geopolitics, Russia-Ukraine conflict, the elections, the selling off in Mentougou, fluctuating markets with massive rises and falls, 120 people liquidated in a week, Trump endorsing crypto...
From January 1, 2024, to December 31, 2024, a full 12 months, the price rose from 37,000 to the current 108,000. I ask, who says this year is not a bull year?
However, in the capital and financial circles, it is always the case that what is in hand is considered insufficient; those who are the most speculative in a bull market are the ones who suffer the most. I hope all fans this year have learned to grow, to judge, and to face challenges!
Overnight, a small wave of long positions at 91,500 has allowed many friends to pocket 3,000 points, which is joyful and commendable, marking a perfect end to 2024. Today, the overnight positions have not yet stabilized, and the 4-hour candlestick shows a bearish engulfing pattern, indicating ongoing fluctuations in the trend.
According to yesterday's intraday rhythm, today is likely to see further downward fluctuations during the day, with major pressure around 94,000 and support at 91,000. In the early session, a rebound in the 93,500-94,000 range can be arranged for short positions, then go lower to come back for long! Just operate on both ends!
As for Ethereum, no need for excessive analysis: support at 3,260, pressure at 3,500, go high on short and low on long, just follow the market movements!
It is often said that gratitude leads to lasting relationships. On the closing day of 2024, I am grateful to all fans for their support and trust in Ultraman this year, whether you are a loyal fan, a critic, or a competitor, I appreciate your encouragement that has made Ultraman stronger today! Wishing you all a better 2025, with profits locked in!
