1: Yearly Chart
1) 2024 is a year of significant rises, from the beginning of the year with the approval of #BTCETF driving up prices, to mid-year fluctuations, and then to the end of the year with the hype of Trump and Musk's successful campaigns, bringing the price to 100K+.
2) The yearly line has closed, below 100K, with a pin bar. A pin bar indicates that there will be a downward liquidity grab for replenishment.
3) From the yearly chart perspective, I hope to see a recovery to the 7xxx level, but this is an expectation, it still depends on market developments, but first, let's look at around 85.
4) By the way, the upward trend is still ongoing, so keep it up.
2: Monthly Chart
1) December's monthly chart closed with a bearish candle, a very good result. I mentioned in December that this would be a period of fluctuations, and the market moved as I expected, going through a complex oscillation.
2) Here a bearish candle formed the high and low points for December, also creating a monthly fvg liquidity gap (90K-737).
3) First, the December low point needs to be grabbed, after which we will see how much liquidity can be obtained downwards, personally, I am looking at around 85 first.
4) For the upward movement, focus on the liquidity grab at ML's December low, then the structural damage or formation of p03 as it moves up, with the target obviously continuing to new highs.
3: Weekly Chart
1) The weekly chart is still in a correction state, similar to the monthly chart, still focusing on the liquidity grab from ML and the price reaction.
2) Looking from the liquidation perspective, first focus on the area around 88, then look at the lower area around 78.
Ok, this is my chart analysis for 2025, personally I see a bearish trend first, then bullish.
Daily and hourly charts will be updated separately later.
Thank you all for your attention and support, Happy New Year 2025, let's get rich together.