December 20th Market Analysis
1: The market has definitely turned into a bearish trend, with the daily line breaking the trend; it will eventually reach the monthly line's life line. This is a matter of direction; in the face of risk and the temptation of profit, most people lean towards the temptation of profit.
2: There will be no new highs in the short term. It takes courage to say this, and many people will criticize me, but I am still willing to stand up and state the facts. This short term can be understood as within a year.
3: The decline is not over; next, Bitcoin and Ethereum will only rebound slightly at the weekly and monthly life lines, and the strength of the weekly rebound will not be too strong.
Trading analysis should be based on current objective facts. Relying on macro information from Trump, BlackRock, etc., will only lead you to be lost in a dream. Any actual buying and selling behavior of institutions is impossible for retail investors to know. If everyone knows, who will take over???
Note: There will be further declines, but the bearish side has lost cost-effectiveness and will rebound slightly at the weekly life line (limited to Bitcoin and Ethereum), followed by a continued decline. The structure formed will not easily change, and support at other positions is ineffective.
