12/31 Market Analysis

Today is the last day of 2024, the end of one year is the beginning of another. If you have achieved something this year, please continue to seek stable victories in the new year; if you have failed, never lose the courage to start over. Wishing everyone in 2025 to follow their heart and achieve their goals, and to buy at the bottom for guaranteed gains! 🔥🔥🔥

After breaking through the historical high, Bitcoin has surged to 108,000, currently losing half of its gains. The market changes quickly, and one cannot dwell in the fantasy of an everlasting bull market; the market is often short on bulls and long on bears. A bull market requires the collective effort of the market, while a bear market needs no justification. However, 2025 will be a year of liquidity, and there will certainly be a bull market, but the main players will not allow everyone to profit. Always be prepared; opportunities are always present.

Currently, the daily chart has started to turn downward. For the market to reverse, it must break through 95,000 and continue to rise. However, all previous declines serve as resistance for future increases, and the overall macro policy for 2025 is not optimistic. The crypto market also lacks new narratives to stimulate it. Currently, the overall trend in the crypto space is under the control of the US market. If the US stock market enters an adjustment period, the crypto market will be further impacted. I hope everyone treats the market with caution.

The last line of defense for bulls is 91,000. If this level is broken and not reclaimed, we may see 87,000. Below 87,000 lies a vacuum zone, and 80,000 is just around the corner. Therefore, do not hold the belief that buying more as the price drops is wise. The market is unpredictable but often moves in the direction that is easiest to harvest retail investors. Follow the market; if Bitcoin can hold 91,000, watch for opportunities in strong altcoins.

Bullish Bottom Fishing Strategy: Enter at the current market price between 91,000 and the current position. If the 4-hour chart breaks below 91,000, exit strictly. Target around 95,000.

Bullish Right-Side Strategy: Break out with volume above 95,000, and if it can maintain an 8-hour level oscillation above 95,000, re-enter if it retraces without breaking 95,000, with stop-loss below 95,000.

Bearish Strategy: Enter the 95,000-96,000 range on a rebound, and if resistance is met and it falls back, form a 30-minute bearish structure. If coupled with capital inflow, one can enter short. Exit if the 4-hour chart stabilizes below 96,000.

The above strategies all have strict exit criteria. The core of trading lies in strict execution. The current position is difficult to operate in; do not chase price or panic sell; patiently wait for opportunities.