According to Matrixport analysis, Bitcoin's current pullback may be building momentum for a rebound in 2025, and the range of $90,000 to $95,000 is likely an excellent pullback zone. For short-term investors, it is crucial to closely monitor the support level around $90,000. Once the price pulls back to this level and trading volume shows a significant increase, it would be an excellent entry point for short-term trading.
As for long-term investors, they should focus on the strong support area around $85,000. It is important to know that each pullback of Bitcoin is actually a golden window for gradually building positions. Following the strategy of buying on small dips and larger purchases on substantial dips is advisable; just don't be swayed by short-term price fluctuations.
Currently, we are in the phase of a bull market launch, and the overall trend is undoubtedly upward. While holiday markets tend to be quiet, and the phenomenon of exploding contracts may occur frequently, spot holders need not panic. They just need to hold onto their Bitcoin and patiently wait for the likely surge coming between January and March 2025. As long as one can remain calm and not follow the crowd blindly, it is difficult to become the 'chives' harvested by the market makers.
Everyone can continue to pay attention to cryptocurrencies such as ETH, SOL, BNB, DOGE, LINK, UNI, ADA, FIL, STX, CAKE, MEMEFI, SHIB, PEPE, WLD, SUI, CTC, DOT, CRV, EOS, etc.
