The afternoon market is still mainly declining, with the price of the coin continuing to drop and then retracing to the support level to stop the decline. The market has once again retraced to yesterday's fluctuation range without much continuation of the downward trend. Ethereum remains consistently weak, with the market continuing to show a downward trend. During the afternoon, we also positioned ourselves at low levels along with the market pullback. After Christmas, although the market did not experience the expected intense fluctuations, Bitcoin remained strong and did not break through the 97,000 mark. Without data to drive it, the upward pressure near the 100,000 mark also indicates the strength of the market.

　　From the perspective of the larger daily structure, the market is still under pressure from the middle track, moving back with small bearish candles, and the performance on the plate is still mainly a consolidation of momentum, mainly due to the impact of Christmas. Today's opening of the U.S. stock market will set the tone for the overall market. From the market reaction after Powell's speech, Bitcoin stabilizing around 100k indicates that investors are psychologically prepared for a long-term hawkish policy. The core PCE data released before Christmas may have alleviated market sentiment to some extent. Before liquidity returns, the market may continue to fluctuate and consolidate. In the short term, the trend after the opening of the U.S. stock market tonight will be key to determining the market's direction. Looking at the small cycle, the morning's rise did not continue to break the high, so the pullback is also reasonable, and this rhythm still needs to wait for the momentum to end before the entity can expand. In the short term, the market's fluctuations are not large, and the oscillation strategy remains unchanged. After pulling back to the low support, we can arrange for long positions to enter the market.

　　Bitcoin can be bought at 97,500-98,000, with the initial target looking at the resistance of 100,000. Ethereum can be bought at 3,400-3,420, with the target near 3,520. #BTC上攻11万？ #2025加密趋势预测 $BTC $ETH