2024.12.13 9:30 AM BTC/ETH Trend Analysis
That night, with ups and downs, we captured 22 small liquidity targets, 102,447 people were liquidated to zero, and upon waking, the market felt colder than winter! Many friends are feeling irritable, thinking this is definitely not a bull market. The main reason for this sentiment is the heavy contract players, who can suffer huge losses or be liquidated in just one market swing, going from the initial goal of getting rich to now just trying to break even!
Contracts are not unplayable; Brother Sao talks daily about the strategy of short-term contracts. Why focus on short-term contracts? Because in the current setup of 73,500/60,000 without a bottom position, we are only discussing the situation now that we've reached 1,000,000. A one-point fluctuation in a 1,000,000 market is worth 1,000 dollars. Can you withstand that? For ETH, at our long-term points of 2,403/2,851/3,445, we discuss the situation without leaving a bottom position; now at 4,000, we are consolidating daily and always need to discuss the situation! This is the reason why contracts can only strictly execute break-even strategies within a day!
BTC Focus
Support 97,800/94,700/91,800
Resistance temporarily set at 103,300
ETH Focus
Support 3,620/3,445
Resistance temporarily set at 4,000
Today is Friday; market volatility may increase. Give a little more space; don't rush to act! The ups and downs are the most draining on patience; one day in heaven, one day in hell. When you lose patience, trading without a plan will only leave you as prey for the market makers!
It's most important to maintain your mindset and position; don't let the market lead you with emotions—this is crucial!