In-depth Analysis of Cryptocurrency Market Trends

The current market is in a critical period of consolidation and fluctuation, and this phase is not as ordinary as it seems.

Firstly, it is estimated that the fluctuation will continue for one to two weeks.

As we approach January, Ethereum and altcoins are likely to experience explosive growth, aiming for new price highs.

Secondly, both Bitcoin and altcoins have undergone a significant purge due to large-scale liquidation. After successfully eliminating leverage, the funding rates have returned to normal ranges, indicating that market risks have been effectively released.

At this stage, the market shows a pattern of gradually rising bottoms. When the price retraces to the daily 20 moving average, it will be an extremely ideal buying opportunity. Investors should closely monitor relevant trend changes, lay out their strategies in advance, and seize potential investment opportunities.#币安HODLer空投CAT、PENGU #VANA开盘