12.15 Weekend truce is about to end, a day before the storm arrives, silence equals death
The weekend is approaching, and the positions of various armies are officially returning, but some major cryptocurrencies have temporarily risen enough to adjust during the volatility, mainly focusing on small coins, just maintain control over risks.
The total open positions for $BTC contracts across the network are 617,600 $BTC, approximately $6.3144 billion, and there is still a certain demand for liquidation overall, no rush, it's still early in the month, just wait slowly.
Since November 31, World Liberty Financial has spent $44.41 million buying 5 types of cryptocurrencies, including ETH, cbBTC, LINK, AAVE, and ENA, and is expected to purchase more tokens in the future.
BTC Daily - 4-Hour Level Market Analysis
The overall technical aspect of Bitcoin has opened up space, and it has just encountered a key resistance level; there is no need to panic for now, just wait for the opportunity to see if it continues to test downwards. If the larger level does not break down, then the subsequent trend will be one of consolidation. If it breaks down? Who knows.
The 4-hour level is starting to change again. The larger level still has a demand to rise, but the upper side is facing previous highs, and each time it tries to short at a thousand-point increment, if it breaks through, it might go to 110,000, going long is definitely not suitable.
ETH Altcoin Small Level Analysis
There is a point for ETH that is quite important, the bottom around 3890-3910 is a key position; if it can't go up, it will primarily be bearish. Today, we temporarily wait for the reaction of the evening market; if the evening market isn't good enough, then it is highly likely there will be a small correction on Monday.
The upper resistance, as mentioned in yesterday's live broadcast, is 3940. If it can't go up, 3920 can directly short. If it goes up, we will see how it moves; the support position at the bottom is around 3850, and it's fine to wait for the market to show itself before going up.
There is still a chance to try the bottom support; I don't believe there is much space for it to go up from this position.
As the year-end approaches, everyone should pay attention to risks and ensure they have funds reserved for the New Year. Both contracts and leverage need to pay attention to risk control capabilities. #BTC重回关键位置后走势 #比特币战略储备