Yesterday was Christmas, and the US stock market was closed, so there was not much fluctuation in the market. Overall, it was in a state of consolidation. The short position at 99000 from yesterday also made a small profit. So, what is the market trend today?

Currently, the low point at the four-hour level is 90200, which is also the low around December 6th. Therefore, this position is a potential major cycle support level. Even though there was a small cycle drop to this position yesterday, it did not continue to weaken. From the perspective of a larger cycle, it still maintains this range of consolidation. So I believe the bottom concept is around 90000, which just forms a resonance of large and small cycles. At this moment, we can observe the liquidity in the market; there is currently a lot of liquidity below at around 90000. There is a position for a long liquidation near this level, so this price is something we need to pay attention to. If the market continues to pull back and weaken in the future, we need to watch whether this position can receive support again. If this position is directly broken by a bearish candle, I would consider looking bearish or directly shorting, as this would also prove the strength of the bears. Our main idea today is also to focus on shorting on rebounds, first looking at whether the short-term level can successfully break the 10000 mark above.

Bitcoin: Short around 99800-100300 on the rebound, with targets at 99300-98700-98000.

Ethereum: Short around 3550-3580 on the rebound, with targets at 3500-3450-3400. #2025加密趋势预测 #“圣诞老人行情”再现