Let’s make a simple analysis of this week’s market trends.
Last night in the voice live broadcast, we talked about how ETH is likely to test the bottom at 3200 this week, and indeed it quickly reached 3200.
Looking at Bitcoin, based on this trend, it’s highly likely to test the support level of 90,000 this week, because it's Christmas this week, and there won't be too much increase as Americans celebrate the New Year. This is a good time for deep consolidation.
Then we prepare for the big bull market next year, so everyone knows how to operate in this situation, right?
During this time, spot and futures trading should be quick in and out without being greedy, as there’s no significant upward trend.
Lastly, if you haven’t followed me yet, click on my avatar to follow. Don’t get lost; the decline actually presents many opportunities for those who haven’t boarded the train yet.