As we walk through, 2024 is approaching its end. This past year seems to be slightly better than 2023, but some industries appear to have worsened.

Before 2020, the world economy was in a boom cycle. After 2020, with the outbreak of the pandemic, the Russia-Ukraine war, and conflicts in the Middle East, many restrictions and rules were broken. The competition and game among major powers have surpassed established principles, leading to an unprecedented credit crisis in the world’s monetary and financial systems, which has boosted the bull market for Bitcoin and gold.

This has caused a huge impact on economic development, but there are opportunities in crises. This is a changing era, a time for creating myths, and a time for overturning perceptions. New emerging phenomena are constantly appearing. As investors, we must maintain great confidence in the future, because in the financial market, all impossibilities are self-imposed limitations and assumptions, constantly refreshed records, and myths being created.

Next year, the Chinese economy and stock market are worth looking forward to. 2025 is just around the corner, and life often has too many things we can't catch up with. Those past days, whether they were full of grievances or pain, are already behind us.

This year, we have encountered, gained, lost, grown, let go, and concluded. In summary, peace is a blessing; we put old matters to rest and will still welcome the blooming flowers next year. In 2025, I wish everyone peace and happiness.

Last week, Bitcoin was affected by various holidays and did not make significant breakthroughs, still oscillating around the range of 92,000 to 100,000. Yesterday, we provided a short strategy at 95,500, but the actual decline was not decisive, with a low of 94,800, only a profit space of 700 points.

Today, Bitcoin has been oscillating around 95,000 all day. From the current operational rhythm, it is in a pattern of oscillation and rebound. The upward momentum is not strong, but there is a basis for rising. Therefore, in the case of sustained oscillation without falling for a long time, today we should decisively adjust the short positions, first follow up with long positions, aiming for 97,000 to 98,000, and then open shorts after reaching the pressure point.

Ethereum is also expected to rebound first, with a rebound target focusing on 3,450 to 3,500, and then short after reaching the pressure!