Bitcoin will maintain a volatile format in the short term. Some people say that this is not a resolute counterattack from 91,000? If it has counterattacked, shouldn't it break through 100,000 directly? This is highly unlikely to happen, and now both long and short sides are already anxious. Even if Bitcoin rebounds to 96,000 in the short term, the volume is not outstanding. Judging from the previous MACD line trend, Bitcoin has formed a pattern close to a dead cross on the daily line. However, since Bitcoin still has the power to attack based on the expansion of liquidity, the current attitude is to form a long-short balance, and it will still fluctuate in the short term, and it will be difficult to break through 100,000 upwards.
ETH's rise has not stopped. The ETH/BTC exchange rate is gradually recovering, and we can expect the exchange rate to rise to above 0.04. It is expected that in Q1 of 2025, we can see an exchange rate of 0.05. By that time, the price of ETH will have broken through 4,500, and it will be very close to the previous high of ETH.
Let's prepare for the carnival of ETH. Let me repeat what I have said many times, ETH below 2600 is very cheap, but unfortunately it may be difficult for you to see it now.