Family, good morning~

It's the last day of 2024~

As we bid farewell to the old and welcome the new, how will $btc move?

CoinUp 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, approximately $511 million of short positions are expected to be liquidated. Conversely, if the market reaches around 90700, approximately $285 million of long positions are expected to be liquidated.

CoinUp Daily Analysis:

From the current market trend, it seems the overall short-term range will be between 90000-94500, Ethereum's short-term overall range will be between 3270-3420, and SOL's short-term overall range will be between 183-196.

CoinUp Market Opinion:

Comparing the trends of Bitcoin and Ethereum, we can see that Ethereum and other mainstream altcoins are showing a slightly stronger trend overall. However, we still need to focus on whether the market can stabilize above 90000; if it can't, even if Ethereum tries to initiate an independent market, it will be brought down.

Currently, the overall trend of the market has not truly stabilized and remains weak. We should continue to pay attention to the upcoming market movements, especially since today is the last day of 2024 and also the closing of the December monthly line. Of course, I still have a bullish view on the overall direction of the market, and this is a good time for us to accumulate positions or add to our holdings.

Moreover, we will have to wait until January for significant market movements, as there are many overall news factors, especially when Trump officially returns to the White House. So let’s patiently wait for the market to change later.

CoinUp Spot Strategy:

1. MEME sector

$TURBO Buy in batches around 0.0085 Short-term take profit around 0.0014

$BONK Buy in batches around 0.000029 Short-term take profit around 0.000055

CoinUp Contract Strategy:

$BTC Long around 91000 Take profit around 92700

$ETH Long around 3300 Take profit around 3400

$SOL Long around 185 Take profit around 193

CoinUp Warm Reminder:

1. This contract strategy is suitable for investors who prefer swing or short-term trading. Please remember to take profits in a timely manner and set stop-losses according to your personal position. It’s better to take small losses than to hold on to losing positions! If the market direction is correct, you may choose to continue holding.

2. This spot strategy is suitable for short-term investments. There are many quality altcoins among various altcoins that cannot be fully listed, so we can only recommend a few popular sectors.