2024.12.25 8:58 AM Merry Christmas Today's BTC/ETH Market Analysis
On this Christmas Eve, the market has sent a big Christmas gift to players in Europe and America, rebounding from the bottom for over 24 hours, directly reimbursing the expenses for Christmas for friends in Europe and America. This wave of market trends has fermented ahead of public sentiment in Europe and America, expanding for New Year's Day, and peaking for the Spring Festival?
The current attention in the market has reached the highest exposure of the year, whether it can be grasped depends on how the big players will operate next.
BTC Attention
Support 94350/91800
Pressure temporarily set at 102000
At this moment, BTC liquidity is weakening, as players in Europe and America pay more attention to family and are celebrating Christmas, rather than being busy with trading, entering holiday mode. Therefore, liquidity is decreasing, and it is the time for Asian main players to take the stage. After a continuous consolidation, the market's liquidity is scarce, and the current surge and drop cannot plunder much liquidity. Maintaining a trend oscillation is a good choice!
ETH Attention
Support 3340/3285/3100
Pressure 3725/3890
At this moment, ETH's trend is relatively stable, and it has not yet shown explosive power. After BTC surged nearly 6000 dollars, ETH has currently increased by nearly 400 dollars. It's quite standard. The key point at this moment is the 3486 line. After stabilizing, the subsequent target can be moved up to 3700+!
In terms of operations: for short to medium waves, you can start taking profits at 15%+, and for long-term chips, continue to hold them. Be patient and persistent year after year. You can't just feel that the bull market has run out after only one month of explosion. If so, it will become the loudest call with the shortest time for a bull market. Currently optimistic about the future market, no matter how much it falls, my long-term chips will continue to hold, not selling a single coin!