#市场反弹迹象 The Crazy "Roller Coaster" of Bitcoin
Hey, look at Bitcoin, it shot up to $108,309 on December 17th, just like a rocket soaring through the clouds. But who would have thought, the Federal Reserve hinted that the rate cuts in 2025 would be less than expected, and good grief, Bitcoin plummeted along with the stock market, going into free fall. Just when my heart was in my throat, hey, it started to rebound again, now it's swaying around $98,000.
Technically, after Bitcoin broke through $98,000, it seems like there's a “checkpoint” ahead, with a resistance level at $98,500 just sitting there. It's like a “little monster” blocking the road; if it can get over it, then it can run joyfully all the way.
Looking at market sentiment, according to coinglass data, nearly $40 million in Bitcoin shorts were forcibly liquidated in the past 24 hours, with total liquidations in the crypto market exceeding $150 million. It's like a “battle,” where shorts are left in tatters, and the “friends” in the market are all shouting: “Bulls rise!”
There's also an interesting thing; some research company data says Bitcoin set its first historical high on March 5th this year. Based on an average of 318 days over the past three cycles, by January 17, 2025, hey, it could rush towards a new peak again. This Bitcoin is like a mischievous child, going up and down, and no one knows what kind of tricks it will pull next; we just need to grab our little stools and watch it continue to perform on this market stage!