Currently, the support capacity near the 90,000 to 92,000 range for Bitcoin is very strong, and this is the third time it has repelled bearish forces.
Due to Christmas, from December 22 to January 5, 2025, Wall Street is on holiday, and the US stock market is closed. During this time, there will be no buyers for BTC's ETF, and it is uncertain whether the market can withstand the selling pressure around the 20th. (Under normal circumstances, this should not occur, unless the US stock market crashes; it is currently closed.)
Currently, Bitcoin will still face resistance around the 98,000 to 100,000 range, and as long as there is an opportunity for a second pullback before Wall Street resumes work on January 5, it will be a chance to buy. The inflow of funds into ETH is also continuously increasing. Yesterday, the largest clearing contract was a long position in ETH. The current trend of ETH is very healthy, with almost all large long positions liquidated, making it easier for ETH to establish an independent trend, which will also trigger a rally in altcoins.
Bitcoin is currently in a volatile trend, with key resistance levels to watch: the 98,000 to 100,000 mark is the current key resistance level. If it can effectively break through, Bitcoin is expected to rise further. If it fails to break through, it may face a short-term pullback. Key support levels: 90,000 to 92,000.
It is prudent to maintain a strategy of buying spot at low levels, setting reasonable stop-loss points, while closely monitoring key resistance levels and market dynamics, flexibly adjusting strategies, and strictly controlling risks. $BTC $ETH #加密市场反弹 #圣诞行情预测