Cryptocurrency Market Trend Analysis

This Saturday, Bitcoin prices are expected to continue to rebound, but the outlook is still not very optimistic. The price has been under pressure near $97,500 recently, dipping as low as $93,400 before rebounding. This volatility makes it difficult to determine the true trend of the market.

From a technical perspective, Bitcoin's daily chart shows a bearish close and the weakness persists. With the rebound highs continually moving lower, the support levels below are also being tested repeatedly. Currently, the $92,000 range is a key support level; if it is lost, we may see Bitcoin prices in the "80" range next year. The weekly and monthly trends also do not look very optimistic.

For short-term trading, one can refer to the overnight rebound high as a resistance level for short positions. Due to significant price fluctuations, timing the entry is crucial; one should neither enter too early and get trapped nor miss the rebound opportunity. Reference resistance levels can be around $95,200 and $96,500. The trading strategy for Ethereum can be similar to that of Bitcoin.

Overall, the current market is highly volatile, and heavy positions are not advisable; strict risk control is essential. I hope everyone can take fewer detours from this, and I wish you successful trading! #“圣诞老人行情”再现 #FlokiETP流动性提案通过 #2025加密趋势预测