Family, good morning~
It's the last day of 2024~
As we bid farewell to the old and welcome the new, how will the market move?
Data Analysis:
From the liquidation map, we can see that based on the Bitcoin price around 92400, with 100x leverage, if the market reaches around 95900, it is expected to liquidate about 511 million dollars in shorts. Conversely, if the market reaches around 90700, it is expected to liquidate about 285 million dollars in longs.
Daily Analysis:
From the current market trend, it seems that in the short term, the overall range will be between 90000-94500, Ethereum will be in the range of 3270-3420, and SOL will be in the range of 183-196.
Market Viewpoint:
Comparing the movements of Bitcoin and Ethereum, it can be seen that Ethereum and other mainstream altcoins are showing a slightly stronger overall trend. However, we still need to pay close attention to whether the market can stabilize above the 90000 mark. If it cannot hold, even if Ethereum tries to make an independent move, it will be dragged down.
Currently, the overall trend of the market has not really stabilized and still appears weak. We should pay more attention to the market's next moves, especially since today is the last day of the year and also the month-end closing for December. Of course, in the big picture, I personally remain bullish on the market, and this is a good time for us to accumulate or increase our positions.
Additionally, the major market movements will have to wait until January, and there is a lot of overall news, especially around the time Trump officially enters the White House. So let’s patiently wait for the market's shift.
Spot Strategy:
1. MEME Sector
TURBO: Buy in batches near 0.0085, short-term take profit around 0.0014
BONK: Buy in batches near 0.000029, short-term take profit around 0.000055
Contract Strategy:
BTC: Long near 91000, take profit around 92700
ETH: Long near 3300, take profit around 3400
SOL: Long near 185, take profit around 193
Friendly Reminder:
1. This contract strategy is suitable for investors who like swing or short-term trading. Please remember to take profits in time and set stop losses based on your personal position. It’s better to take a small loss than to hold a losing position! If the market direction is correct, you can choose to continue holding.
2. This spot strategy is suitable for short-term spots, and there are many quality altcoins that cannot all be listed, so I can only recommend a few popular sectors.
Family Needs to Know:
1. Market updates and live broadcasts will be available from Monday to Saturday. Please like and follow me, so you won't get lost in the crypto world.
