Zhang Junyao: 12.22 Bitcoin Market Analysis and Trading Suggestions
Bitcoin has currently entered a consolidation phase after a pullback. The current daily chart remains relatively weak, and the short-term oscillation may continue for a few days. The weekly chart shows a bullish momentum, while the monthly chart has reached a bottom in the short term, continuing to lean towards bullish in the long term. Based on the overall trend prediction, after this week's consolidation, BTC is expected to rise above $100,000 again before the end of the month.
Ethereum has currently pulled back to the bottom, and its recent trend mainly correlates with Bitcoin. After this week's consolidation, it may break through $3,500 and is expected to return above $4,000 before the end of the month. Although ETH's short-term trend is relatively weak, there is no need for excessive worry; holding the spot and waiting for the rise is sufficient.
If the direction is wrong, efforts are in vain. There is no wrong market, only wrong people. It is important to follow the right people. #圣诞行情分析 #加密市场盘整 #