Friday's big pancake market has been quite tumultuous. First, it experienced a midnight plunge, washing out at the ten thousand mark, followed by a continuation of oscillating trends throughout the day, until the afternoon when trading volume surged again, with the lowest point reaching around 92200. The overall decline was over 8000 points. After the bottom stabilized, there was a rebound, and the current price is oscillating around 97000. After making a spot purchase in the afternoon, we followed the market's movements and successfully pocketed the evening's trades, but we did not update the corresponding strategy, so this is just a share and will not be counted in the results.
From the current market perspective, we can see that the evening market quickly rebounded after testing the support at the bottom around 92000, with trading volume recovering back to the morning opening price. From an hourly perspective, the market has re-established itself above the mid-range with signs of stabilization. The overall price remains in a weak downward ladder. Moving forward, we can observe the continuation of trading volume. The next two days are the weekend, and unless there are unexpected events, the market will likely continue to operate around the oscillating rhythm. At midnight, we can focus on the low volume to capture the continuation.
Big Pancake: 96200~96600, looking up to 98000.
Auntie: 3360~3400, looking up to 3500. #加密市场回调 #圣诞行情预测 #比特币战略储备 #美联储放鹰 #市场调整後的机会? $BTC $ETH $XRP