#加密市场盘整

Market Trends and Recent Market Review

- Bitcoin experienced a noticeable decline around December 20, dropping from over $100,000 to around $92,000. On the 24th, the price was around $92,922, down 2.7% in the past 24 hours, approximately 13% lower than recent highs, but still up over 100% year-to-date.

- Ethereum rose 2.1% on the 24th, having previously fallen below $3,500 during the recent downturn.

- On December 24, the Bitcoin market showed a volatile consolidation trend, while Ethereum moved upward, and altcoins also rebounded to varying degrees.

Outlook for Future Trends

- Bitcoin: The majority opinion is that Bitcoin's current correction is temporary, and its long-term upward trend remains unchanged. Some traders believe Bitcoin may reach $108,358 in the coming days, but also point out that prices could retrace to $76,614 during the upward trend. Additionally, institutions are relatively optimistic about Bitcoin's future performance, with strong buying pressure from sources including the US BTC ETF, El Salvador, US-listed companies, and Japanese-listed companies continuing to buy.

- Ethereum: Ethereum's trend is relatively weaker than Bitcoin's, but there are signs of stabilization and rebound. Attention should be paid to whether it can break through the short-term resistance level of $3,500-$3,600. If it can break through and stabilize around $3,800, it is expected to continue challenging historical highs.

- Altcoins: Currently, altcoins are in a bottom adjustment phase, with some promising altcoins showing entry signals. However, overall, the altcoin season has not fully arrived, and we need to wait for further clarification of Bitcoin and Ethereum's trends. If both stabilize and continue to break upward, it will be advantageous.