The daily K-line of the big pie has shown an upward trend, and macd also shows signs of stabilizing.
The four-hour trend KDJ and MACD continue to turn upward, and all moving averages also show an upward trend of bullish arrangements. It shows that the bullish sentiment is slowly growing now
Pressure position 100000-99500
Support position 96000-95400

BTC.D (Bitcoin Market Cap Dominance) is close to the next peak, which often indicates that the market may迎来 a new round of上涨.
However, this is not a signal of FOMO (Fear of Missing Out), as the trend of ETH/BTC remains weak.
If this assumption holds, then it can be speculated that:
1️⃣ BTC is about to set a new high, but its market cap dominance will not significantly rise.
2️⃣ ETH/BTC will see a reversal, leading Ethereum to take the lead, which in turn will strengthen altcoins.
3️⃣ With BTC.D steadily rising, Ethereum's performance is expected to surpass most altcoins, and it has a chance to break historical highs.
Therefore, although the current market seems full of challenges, it is also the moment when dawn is breaking. After the clouds disperse, the moon will be bright; the future is worth looking forward to! 🌟

December 23 Market Analysis 📊
During the weekend, BTC continues to pull back and consolidate, experiencing a volume-less decline. The market has entered a new round of consolidation phase, with expectations for a sharp short-term rise decreasing. It is anticipated to continue consolidating throughout the day, wearing down retail investors' patience. It is important to maintain a psychological expectation of further pullbacks. ETH follows BTC's pullback simultaneously, observing the market throughout the day and waiting for stabilization before taking action~

⏰ Four Witching Days Timetable - A must-see for traders!
Key time points (Taiwan time)
22:00 - 23:00 🔥
European and American trading overlapping sessions
On the Four Witching Day last December, BTC plunged 7% during this period.
Trading volume is usually 2-3 times normal
23:00 - 4:00 am 🌋
Main trading hours of U.S. stocks
Most prone to large fluctuations
On the Four Witches Day in December 2023, ETH exploded with an amplitude of 12% at 2 a.m.
Special alert: 3:00-4:00 am ⚠️
The legendary "Witching Hour"
During this period last year, BTC had a thousand-dollar jump.
Slippage may reach 3-5 times the usual level
Observation interval
21:30 Europe and America handover
22:00 The main force begins activities
03:00 Last hour
past experience
December 2023: Plunge after 22:30
September 2023: Big jump at 2:00 am
June 2023: Sharp drop before closing
Important reminder ⚠️
Avoid 22:00-23:00
Avoidance 03:00-04:00
Slippage is greatest during these periods
Leverage risk is highest

Federal Reserve cuts interest rates by 25 basis points:
In line with expectations, short-term bearish for BTC, Powell's remarks indicate no holding of BTC, inflation target not met. Low possibility of interest rate hikes next year, but strong economic data requires more verification.
US stocks plummet: High interest rates drag down the stock market, NASDAQ sees the largest single-day drop since August.
Cryptocurrency fund dynamics: Trump's cryptocurrency project increases holding by 230,000 ENA, need to pay attention to future market opportunities.
Liquidation data: Mainly long positions being liquidated, short positions dominate in the short term.
BTC spot ETF: Influenced by the Federal Reserve's hawkish stance, seeing outflows for the first time after 14 consecutive days of net inflow.
Technical analysis
BTC:
Daily: Evening star pattern, volume breaks below the mid-channel, short-term bearish. 4H chart: Inverted V reversal completed, reverse resistance level is key for the future market. 1H chart: Head and shoulders top pattern, low point resonates with long-term moving average support, short-term may have rebound space.

How is everyone doing from last night? Do less contract trading, focus on spot trading steadily, and wait for the market reversal!

For example, DOT and INJ clearly show the direction at the end of the triangular convergence. The minimum resistance in the short term is downward. At this point, we need to switch our thinking. Although the background environment is a bull market, minor pullbacks will occur. Entering the market confused will definitely incur floating losses. By watching videos analyzing the overall market, we can see that BTC and ETH still have positions below. Switching perspectives is very important to survive longer in the market. #DOTUSDT #INJUSDT🔜

SUI

Entry 4.7349
Profit 5.11, 5.915
Loss 4.3624
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Just go for it, don't ask

There are 15 hours left, who shorts, who is brave, it is recommended to look for low points to go long
At three in the morning, the market interest rate will be confirmed, whether to raise, lower, or remain unchanged
Raise interest rates: the investment market will return to banks
Lower interest rates: the investment market will continue to heat up
It is recommended to look for low points to mainly go long after four in the afternoon, just follow the market and make some profit~