Today is Christmas. Thirteen does not celebrate Christmas, and here I also wish everyone a Merry Christmas.
Thirteen is essentially a rational patriot. On Christmas during the Korean War, our martyrs defended us with their blood, so this holiday is not much celebrated by thirteen.
Of course, I do not oppose others to live their lives.
Everyone eat a few more apples, wish yourself a safe and sound year, and make a lot of money.
There’s nothing much to say today, the market is just like this, almost no fluctuation, still within the fluctuating range we mentioned in previous articles.
From the trend, Ethereum's 3550 and Bitcoin's 99900 have significant pressure in these two price ranges.
The possibility of the market continuing to fluctuate is relatively large.
In fact, there is not much room for operation. In the past two days, everyone should try not to trade before choosing a direction, and just take a good rest.
It is recommended that everyone trades on the right side, and it is a better choice to enter after the market breaks through and stabilizes at key points.
If the market falls back, then buying at a low price is also a good choice.
The market is currently at a high point in the fluctuating range, those with heavy positions can clean up their positions, leaving some cash on hand. Thirteen is allowing everyone to buy at low prices now, and taking profits and leaving cash is a good choice.
2,
The overall trend of the market is still a bull market.
After the market has picked up a bit in the past few days, the voices shouting bear market suddenly disappeared. After Bitcoin reached a high, there are people saying that the bear market has arrived after a normal pullback.
There are also a bunch of people echoing, I really don’t know how these people see that the bear market has come.
If there is no money in the market, Kamala Harris is elected, or if institutions continue to blow up, then it is indeed possible that it is a bear market.
Now many people judge the bear market purely based on hearsay.
Please everyone be sure to stay rational, look a little further ahead, and do not be affected by some noise in front of you, otherwise you may miss this round of bull market.
Currently, the market demand for Bitcoin is greater than supply. Data shows that the market demand for Bitcoin has reached 228,000, while the market supply continues to decrease, including grayscale's selling, Mentougou's selling, exchange inventory, etc.
In such an objective situation, Bitcoin will only rise in price. The more it rises, the more people will choose to buy Bitcoin, and then the price of Bitcoin will be higher, forming a rising cycle.
The current pullback gives the market a chance to rest, and it is also a good opportunity for institutions and many retail investors to enter the market.
But the chips are still largely concentrated towards the main force, retail investors either choose to sell, or are currently hesitating and dare not enter the market.
How many people are still waiting for Ethereum below 3000 and Bitcoin at 80000 or even lower? It's not that it won't drop to this price, but the probability is too low.
Remember the most difficult events in May and June a few years ago, when thirteen was recharging everyone’s faith, many people left me messages saying they would wait for Bitcoin to drop to 30,000 before entering the market.
I wonder how these people are doing now, do they have a hint of regret?
It is the same now. Although Bitcoin has risen a lot, the market's fair value has already risen above 90,000, making it difficult to drop back.
Merry Christmas！！！！
Welcome to the raging bull market together in 25 years.