On Monday, Bitcoin dipped and is currently below $96,000, with the overall cryptocurrency market showing signs of stabilization.
As mentioned earlier, we said that $94,000 is a support for Bitcoin, and it bounced back to $99,540 before starting to pull back. It has now retreated to around $95,000, which is also a needle and rebound. The opportunity lies in, on one hand, waiting for the price to further break through the short-term resistance and exit the downward trend to make a breakout buy; on the other hand, waiting for the price to continue testing the lower divergence in the shadow line process.
Price reference: short-term support at 93110~92653 (monitor the market), second support at 91206~89684 (1:2), medium-short-term resistance at 98388~100524 (a breakout indicates that the price has completed a small bottoming formation and will return to bullish; a second retest can be entered, with a defense at 96802). Note: Don't pay too much attention to the so-called bullish or bearish; pay more attention to the changes in the local buying and selling points.
Today, this man increased his holdings by 5,262 Bitcoins at an average price of about $106,662, with a total value of approximately $561 million. It seems he bought before the big drop. Currently, MicroStrategy holds 444,262 Bitcoins, with a total purchase cost of about $27.7 billion, and an average purchase price of about $62,257.
And tonight, MSTR is officially included in the Nasdaq 100! Looking forward to tonight's performance. The trend is not over; I am optimistic about the next few months for BTC and MSTR stock prices.
Regardless of whether the mood is good or bad these past two days, the price won't drop too much. After the New Year, the trend will continue; it's not a big problem, and it will happen.
Rest assured, stay steady.
As for altcoins, there will be an altcoin season. Of course, I hope that ETH can continue to perform well in the next 1-3 months. Everyone, don't rush; you can't get rich in one go.
The overall market trend over the weekend was relatively poor, with only ZEN, DEXE, MOCA, BGB, MOVE, TRIBE, HYPE, and some third and fourth-tier platform coins showing an increase over the past seven days.
Other than that, most are falling. The projects that have performed well in the last 24 hours include FXS, FTT, MOCA, DEXE, ZEC, AAVE, MOODENG, CRV, etc.
1. FXS: Used BlackRock's build as reserves, and benefited from BlackRock and RWA's rise.
2. FTT: Because Musk replied on Twitter that Biden will pardon SBF.
3. MOCA: Listed on Binance Futures.
4. MOODENG, CHILLGUY, PNUT, and GOAT are all nurtured by Eugene.
5. AAVE and CRV can be considered representatives of the DeFi sector, among which AAVE is also seen as a Trump concept coin.
Overall, altcoins are still quite weak recently, with a severe lack of market funds. The probability of a altcoin bull market appearing before the end of this year is not high, but this is precisely a good time to arrange positions because an altcoin bull market is certain next year; this expectation is too strong.
In terms of memes: AI agents have shown a pullback over the weekend. Currently, the FDV ranking in this track is Virtual, Fartcoin, AI16Z, Turbo, Goat. Except for the first one with a market value of over 2 billion, the others have FDV below 700 million.
Considering the strong certainty of this track, I mentioned in a previous article that at least three projects exceeding 10 billion will emerge from this track, so these projects have great potential, and I think they are worth paying attention to.
