The cryptocurrency giant MicroStrategy with a market cap of 10 billion has been selected to enter the Nasdaq 100 index! Trading will start on December 23rd, and the crypto market is about to enter a period of accelerated growth! This is just the early stage of Wall Street's entry into Bitcoin, and the crypto market will experience a qualitative leap in the next 3-5 years! The weekend market has basically remained as expected without much change, still presenting in a volatile manner, mostly moving within the range of 100800-102000. It seems there is space for movement up and down, but from my personal layout perspective, if the shape and structure are not there, I will not make a move! However, under such market conditions, interested friends can still participate in short-term trading, controlling the space to 300-500 points! #BTC☀ #ETH🔥🔥🔥🔥
From the current overall structure, the space and extent of the current pullback are negligible compared to the previous rise; it will only temporarily pause the upward process and will not change the final trend posture. This has been emphasized countless times. The continuity of the lifting rhythm is key; every upward movement in the short to medium term is basically accompanied by a certain degree of pullback. One must adjust according to the real-time structural forms. In the early morning, we should maintain a bullish mindset and focus on the continuation strength to see if there are opportunities to short at high points.
Bitcoin is hovering around 101000-100500, with a target expectation of 102500. Ethereum is hovering around 3840-383820, with a target expectation of 3950.