December 23rd I wish you all a peaceful Christmas Eve!
✅Market review and analysis
The market trends in the past two days are basically consistent with expectations. It has been emphasized many times in the community that the market is volatile before and after Christmas, and the market has not given a clear rebound signal. Therefore, it is recommended that everyone reduce transactions in the near future and do not rush to make money, especially since most investors are currently facing the situation of being trapped in the spot.
The market continues to fluctuate, with Bitcoin prices fluctuating in the range of 94500-97000 and Ethereum in the range of 3250-3400.
Pay special attention to the pin-in phenomenon in the near future. If the pin-in behavior occurs, you can consider taking more spot orders year-on-year. The specific entry position shall be based on the market and community notifications.
Intraday pressure and support
$BTC:
Pressure level: 96000/96800/97500 Support level: 95500/94800/94000
ETH:
Pressure level: 3350/3420/3500 Support level: 3300/3240/3180
✅Primary market and spot sector
The primary market performed well, and many Alpha projects achieved pull-ups after the callback. The following are several projects that I am concerned about:
banana, bbt, mdoge, bob, monky
In terms of secondary spot, Lpt has a good rise and successfully avoided the callback after the rebound. The current price is around 15.4, and the highest price last night was 16.8. You can consider taking spot in the range of 14.8-15.
In addition, the following projects are recommended for reference:
$Doge: Suitable for medium and long-term holding, you can buy spot in batches around 0.3. Ftt: The current market price is around 3.1, and you can consider taking spot orders in the range of 2.9-3. Ssv: It is recommended to take spot orders around 21. Mask: It is recommended to take spot orders around 3.
