Many people are concerned about the market trends during the Christmas period. From the news perspective, it can be analyzed from the following aspects:
#机构 Dynamic
Last Thursday and Friday, institutions continued to sell off, causing the market to plummet significantly after the interest rate cut decision at 3 AM on Thursday. Although the market has seen a rebound from the bottom in the past two days, it is overall in a consolidation state. Due to the large-scale selling by institutions, the market, which had risen for three months, is now shrouded in short-term bearish sentiment, with a clearly negative atmosphere. Both institutions and retail investors have a generally pessimistic outlook for the future, and prices may fluctuate within the current range, or even dip again.
From the market data, there are significant signs of buying support around $3,000 for Ethereum and around $90,000 for Bitcoin, making these two key price levels particularly important. If these support levels are maintained, there may be a chance for a short-term rebound; however, if they are lost, the market may come under further pressure.
#市场情绪 Interpretation
In terms of market sentiment, although bullish sentiment still exists, bearish forces are continually increasing. Recent prices may show repeated fluctuations, with an overall trend leaning towards bearish.
In summary, there is a certain level of uncertainty in the Christmas market, and investors need to closely monitor key levels and changes in sentiment while managing risk.
