#市场反弹迹象 The Crazy "Roller Coaster" of Bitcoin
Hey, look at this Bitcoin, on December 17th it "whoosh" skyrocketed to $108,309, just like a rocket piercing through the clouds. But who would have thought, the Federal Reserve hinted that the interest rate cuts in 2025 would be less than expected, and good grief, Bitcoin, along with the stock market, took a dive, going into free fall. Just when my heart was in my throat, hey, it started to rebound again, now it's swaying around $98,000.
Technically, after Bitcoin broke through $98,000, it seems like there's a "checkpoint" ahead, with a resistance level at $98,500 just sitting there. It's like a little monster blocking the road, if it can get past that, then it can run freely.
Looking at market sentiment, according to coinglass data, the amount of short positions in Bitcoin that were forcibly liquidated in the past 24 hours was nearly $40 million, with the total liquidation amount in the crypto market exceeding $150 million. It's like a "battle," where the shorts were defeated, and the little buddies in the market are all shouting: "Bulls rise!"
There's also an interesting thing, a research company's data says that Bitcoin reached its first historical high on March 5th this year. Calculating with an average of 318 days over the past three cycles, by January 17, 2025, hey, it could surge to a new peak again. This Bitcoin is like a mischievous child, sometimes up, sometimes down, nobody knows what tricks it will pull, let's just grab our little stools and watch it continue to perform on this market stage!