1. The cryptocurrency market for Christmas lacks liquidity, the price of $BTC is completely manipulated, with dramatic ups and downs, resulting in both longs and shorts being wiped out.

Even though the price fluctuations are significant, the liquidation volume is not large, with $236 million liquidated in 24 hours, affecting both longs and shorts.

Current liquidation data: if it drops below 92k, long positions worth 3.1 billion will be liquidated; if it rises above 100k, short positions worth 1.2 billion will be liquidated.

Liquidation data is dynamic; it changes with price movements, especially after liquidations, it will rearrange.

2. The trend of altcoins is entirely dependent on $ETH; as long as the price of $ETH is strong, altcoin markets will perform.

The data for yesterday's spot ETF has not yet been fully updated, but $BTC is experiencing net outflow, while $ETH is seeing net inflow, which is the main reason for the firmness of $ETH's price.

Due to weak liquidity during the holiday, the arrival of the altcoin season cannot yet be confirmed.

3. MicroStrategy plans to issue additional shares and split stocks, proposing to split 330 million common shares, increasing it to 10.3 billion shares.

In the short term, this is unfavorable for investors holding the stock, as the shares will be diluted, but in the long term, it should be positive.

The funds raised from the issuance will be partly used to pay off debts and for daily operations, while most will be used for the $BTC purchasing plan of $42 billion. #加密市场反弹 #圣诞行情分析