The Bitcoin trend is highly likely to break below the support line, first targeting 92,000. If it breaks, the next target is 90,500, and in extreme cases, it could reach 78,000. Currently, the ENA trend with positions is relatively weak, and I will continue to short ENA.

As we walk through, 2024 is approaching its end. This past year seems to be slightly better than 2023, but some industries appear to have worsened.

Before 2020, the world economy was in a boom cycle. After 2020, with the outbreak of the pandemic, the Russia-Ukraine war, and conflicts in the Middle East, many restrictions and rules were broken. The competition and game among major powers have surpassed established principles, leading to an unprecedented credit crisis in the world’s monetary and financial systems, which has boosted the bull market for Bitcoin and gold.

This has caused a huge impact on economic development, but there are opportunities in crises. This is a changing era, a time for creating myths, and a time for overturning perceptions. New emerging phenomena are constantly appearing. As investors, we must maintain great confidence in the future, because in the financial market, all impossibilities are self-imposed limitations and assumptions, constantly refreshed records, and myths being created.

Next year, the Chinese economy and stock market are worth looking forward to. 2025 is just around the corner, and life often has too many things we can't catch up with. Those past days, whether they were full of grievances or pain, are already behind us.

This year, we have encountered, gained, lost, grown, let go, and concluded. In summary, peace is a blessing; we put old matters to rest and will still welcome the blooming flowers next year. In 2025, I wish everyone peace and happiness.

Last week, Bitcoin was affected by various holidays and did not make significant breakthroughs, still oscillating around the range of 92,000 to 100,000. Yesterday, we provided a short strategy at 95,500, but the actual decline was not decisive, with a low of 94,800, only a profit space of 700 points.

Today, Bitcoin has been oscillating around 95,000 all day. From the current operational rhythm, it is in a pattern of oscillation and rebound. The upward momentum is not strong, but there is a basis for rising. Therefore, in the case of sustained oscillation without falling for a long time, today we should decisively adjust the short positions, first follow up with long positions, aiming for 97,000 to 98,000, and then open shorts after reaching the pressure point.

Ethereum is also expected to rebound first, with a rebound target focusing on 3,450 to 3,500, and then short after reaching the pressure!

How can you make big money without playing contracts? Keep doing it $BTC

Brothers, is it appropriate to buy Bitcoin at the bottom now? 😄🫡

Buying the dip is not stable and leads to nothing. Where do you think is a good position to buy the dip?

I have already reduced some of my positions, but I still feel like I can’t hold on any longer $BTC

Me ended up with 1600$ loss no more trading.
Every single trade i opened that went against me.
if i put SL it hits SL and get closed with some loss.
if i don’t put SL i end up with 200-300$ loss.
if i open long it goes down.
if i open short it goes up.
if i copy other traders it gives just 10-20$ profit.

i am no more in mood to trade now.
$BTC $ETH $BNB

Will Bitcoin continue to retreat to 92500 and take an M shape, or will it rebound to 93500 and go up to around 99500 and take a W shape? This needs time to verify. Each has its own reason. Indeed, any chart can be drawn! The same is true for Ethereum. What do you think? Will it rebound and take a W shape, or will it retreat and take an M shape? #2025加密趋势预测 $BTC

Will Bitcoin continue to retreat to 92500 and take an M shape, or will it rebound to 93500 and go up to around 99500 and take a W shape? This needs time to verify. Each has its own reason. Indeed, any chart can be drawn! The same is true for Ethereum. What do you think? Will it rebound and take a W shape, or will it retreat and take an M shape? #2025加密趋势预测 $BTC

Did not choose to rebound
but further decline
Tomorrow's daily MACD will also return to zero axis
Then next week is the last chance for a rebound
Let's see if the main force will be a dog next week
I have a low multiple so it doesn't matter
Those with high multiples and heavy positions must reduce their positions
Cannot gamble
Because the rebound is delayed
Still have to be careful
The above rebound refers to the big rebound above the daily middle track
I don't like the small rebound of 99
This is also the reason for being trapped
Lying flat🤪
$BTC

Friday, the probability of a waterfall tonight is very high. So don't go long for now. Reserve positions for replenishment. Remember not to operate with heavy positions. The current rhythm rebounds very quickly. But that is all to lure more. Let's look at the 92,000 area tonight.