Talking about the market, yesterday's article, including the viewpoints, was all about Ethereum's market in the first quarter of January. It also reminded that the short-term market depends on the face of the US stock market. Last night, the US stock market was not strong, driving the market down to around 9.1w, but it recovered to above 9.2w in the morning. At present, 9.2w is a support position. If it falls below, it will have to test 9W.
In terms of copycats, most of them did not follow the decline, and it can even be said that they can't fall anymore. However, meme began to fall generally, which is also normal. When the market rebounded, the highest increase was acceptable. The market correction was slightly followed. Don't worry too much. Just hold the meme position that is trapped. Find a suitable support position to pull the average price. Since the Fed released negative news to stabilize, the operating concept has always been to enter the first position, not all in one position. On the one hand, if the market goes up, you will not miss the opportunity on the train. Then the correction stage is when you can slightly increase your position to pull the average price. The adjustment stage is not difficult to endure. The difficult thing is that you can only watch when you are fully invested.
Speaking of funds, Ethereum and Bitcoin ETFs are currently outflowing. BlackRock's data has not yet come in. Let's see where BlackRock's funds go in the evening. If it is supported, I estimate that Ethereum's ETF data will be pulled into inflows. If it cannot be pulled evenly, we will enter the adjustment stage, and there may be trading opportunities after New Year's Day. The bullets in your hand are patiently short!
