Christmas is over, the market is stable
Russian Finance Minister said Russia is using Bitcoin for international trade.
In the past two days, Trump said in a speech that the future of cryptocurrency and Bitcoin will be created by the United States, implying his intention to further promote the development of Bitcoin.
After experiencing the previous baptism, the current altcoins have mixed ups and downs, which is normal. I think the current altcoins have rebounded, but it will not be as fast as the previous continuous altcoin season. After all, this adjustment is no longer a short-term adjustment, but more like a mid-term consolidation. It is difficult to recover without a month of consolidation. However, since it is a mid-term consolidation, there will be a strong rebound. If some strong altcoins have a new high directly.
BTC: After rebounding to around 100,000 two days ago, it fell again yesterday. 100,000 has always been a psychological barrier. It was not broken through so quickly in a short period of time, but it did not break through and did not make the medium- and long-term trend of Bitcoin go bad. In fact, Bitcoin still maintains a good upward trend in the medium and long term. This adjustment is an opportunity for Bitcoin itself to get on the train and also an opportunity to make money. Today and tomorrow, we will pay attention to the two support levels of 94,000 and 92,500. These two are opportunities to buy contracts, but if it is spot, you can consider buying directly at 96,000. The four-hour chart shows that the short-term trend is currently oscillating and weak, but the price remains above the 92,000 trend line support, suggesting that the short-term will remain oscillating for a while.
ETH: Ethereum has not passed the 3500 pressure. It is currently fluctuating below 3500 in the short term. Pay attention to the two supports below 3250 and 3150. You can get on the train near these two supports. In addition, the 3500 pressure is only temporary and it will not take too long to break through. For Ethereum, the real pressure is still at 4100. If you compare Ethereum and Bitcoin, Bitcoin is better.
