Oscillating December: Prelude to the Dawn of the Crypto Market
$BTC The road to new highs is slowing down Although it continues to hit new highs, the upward momentum has weakened, like a spent force, and we need to be vigilant about the risk of callbacks. $ETH With altcoins: aftermath of liquidation, consolidation is waiting After the big liquidation, it entered a deep consolidation, and the probability of a second bottoming out increased greatly. Strong currencies may stabilize above the previous low, and weak currencies may fall below the previous low. By then, a needle-shaped trend may appear, and the opportunity to buy low should not be missed.
Altcoin Outlook: The cold winter is coming to an end, and spring can be expected The oscillation and consolidation in December are like the darkness before dawn. By the first quarter of next year, the market is expected to recover comprehensively, and altcoins may usher in a flourishing scene.
The current price is in an upward channel, and the market is in an upward trend. The price is near the upper track area of the channel, and the market has a certain overbought pressure, and may face a correction risk in the short term.
If a correction occurs, the lower support area of 104,000-105,000 US dollars is a potential buying opportunity.
拾壹BTC
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Bullish
$BTC has shifted from a downward trend to an upward trend, with strong bullish momentum,
is forming an ascending triangle,
the market is in a phase of oscillating upward movement. If the price breaks through the upper boundary of the triangle and holds above the resistance zone, it may continue to rise.
$BTC has shifted from a downward trend to an upward trend, with strong bullish momentum,
is forming an ascending triangle,
the market is in a phase of oscillating upward movement. If the price breaks through the upper boundary of the triangle and holds above the resistance zone, it may continue to rise.
Bitcoin, as the leading cryptocurrency, holds significant historical importance. However, as Bitcoin celebrates its achievements, many altcoins have begun to outperform Bitcoin, signaling the arrival of altcoin season.
Since the beginning of the year, 20 out of the top 50 cryptocurrencies by market capitalization have outperformed Bitcoin’s gain of up to 124%. The increase in altcoin market capitalization, growing media attention, and the rise of the altcoin season index further confirm this trend. Moreover, CCData's report indicates that trading volumes in November reached an annual high, and open interest hit record levels, suggesting an increase in market risk appetite, which is more favorable for altcoins with a higher potential for returns.
The price of #比特币 recently tested the upper resistance level but has not completely broken through; the overall trend is fluctuating with a certain upward trend.
If it breaks through 102,000 USD with increased volume, one can look towards 103,800 USD, or even higher.
Wait for a breakout and a retest confirmation before chasing long positions, be more cautious.
Steady and solid, follow the trend.
拾壹BTC
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Bullish
$BTC
The current trading price is 100,330, having recently broken through an important resistance zone at 98,945, indicating that the market is entering a bullish phase. As the price continues to rise, the current high has reached 100,818. Market performance shows strong bullish sentiment, and prices are expected to continue to rise in the short term.
If the price steadily breaks through 101,000, we can look towards 103,879. If there is a short-term pullback, the support zone at 98,945 is a good re-entry position.
Bitcoin has shown strong bullish momentum recently, with key resistance having been broken; it is recommended to operate in line with the trend.
The current trading price is 100,330, having recently broken through an important resistance zone at 98,945, indicating that the market is entering a bullish phase. As the price continues to rise, the current high has reached 100,818. Market performance shows strong bullish sentiment, and prices are expected to continue to rise in the short term.
If the price steadily breaks through 101,000, we can look towards 103,879. If there is a short-term pullback, the support zone at 98,945 is a good re-entry position.
Bitcoin has shown strong bullish momentum recently, with key resistance having been broken; it is recommended to operate in line with the trend.
拾壹BTC
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Bullish
$BTC
The current price is within an upward channel and is approaching an important resistance area. The short-term trend is bullish.
If the price pulls back to around $98,000 and holds above $97,600, consider entering a long position. Stop-loss level: set at $97,300; if it falls below, it indicates that the trend may change. Target level: look towards $99,800 or $100,400. If the price strongly breaks through the resistance at $100,400 with significant trading volume, consider going long after a pullback in the range of $100,400-$100,600 without breaking. Target level: aim for $102,000; if it rises strongly, consider taking profits in batches.
The current price is within an upward channel and is approaching an important resistance area. The short-term trend is bullish.
If the price pulls back to around $98,000 and holds above $97,600, consider entering a long position. Stop-loss level: set at $97,300; if it falls below, it indicates that the trend may change. Target level: look towards $99,800 or $100,400. If the price strongly breaks through the resistance at $100,400 with significant trading volume, consider going long after a pullback in the range of $100,400-$100,600 without breaking. Target level: aim for $102,000; if it rises strongly, consider taking profits in batches.
$95,000 is an important support level. From the chart, this position has been tested multiple times, indicating a certain level of market recognition for this point. The market is quite volatile, if it can rebound at $95,000, it shows that the bullish strength is strong, and one can consider entering a long position with a small amount. However, if it breaks below, it may further test lower support areas, like around $94,000. If you try to enter around $95,000, be sure to set a stop loss, for example around $94,500, to prevent further losses if the market continues to decline. Currently, the market is very volatile, so it is advisable for high-leverage players to operate cautiously; it is better to miss an opportunity than to rush in recklessly. In simple terms, $95,000 is the key position; if it holds, we look for a rebound, and if it doesn't, we decisively stop loss. Always remember that risk comes first in trading, and seek victory steadily!
拾壹BTC
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$BTC
The price of Bitcoin has support around $97,000, with significant resistance between $98,300 and $98,974 above. Overall, both bulls and bears are in a tug-of-war. If $97,000 holds, there may be a short-term rebound, with the first target at $98,300. If the price cannot break through the $98,300 area, it may continue to pull back, potentially testing $96,500 or even lower.
If you feel the price is stable at the support level, you might try a small long position, but remember to set a stop loss before it breaks below $96,500. If the price approaches $98,300 and cannot go higher, consider opening a short position, targeting $97,000. Contract reminder: The risk of contracts is very high, especially with high leverage trading. Remember to strictly take profits and stop losses! In the face of opportunities, controlling your hands is more important than chasing prices blindly or panic selling. Manage your position well and seek victory steadily!
The price of Bitcoin has support around $97,000, with significant resistance between $98,300 and $98,974 above. Overall, both bulls and bears are in a tug-of-war. If $97,000 holds, there may be a short-term rebound, with the first target at $98,300. If the price cannot break through the $98,300 area, it may continue to pull back, potentially testing $96,500 or even lower.
If you feel the price is stable at the support level, you might try a small long position, but remember to set a stop loss before it breaks below $96,500. If the price approaches $98,300 and cannot go higher, consider opening a short position, targeting $97,000. Contract reminder: The risk of contracts is very high, especially with high leverage trading. Remember to strictly take profits and stop losses! In the face of opportunities, controlling your hands is more important than chasing prices blindly or panic selling. Manage your position well and seek victory steadily!
The price is approaching the resistance area of $0.026-$0.027 and is accompanied by signs of bullish probing. If it breaks through $0.027 and stabilizes, it may open up further upward movement; if it fails to break through, it may retrace to the lower support level of $0.0255-$0.026.
Long position opportunity: If the price effectively breaks through $0.027, consider a long position with a target of $0.0275 and a stop loss set below $0.0268. Short position opportunity: If the price fails to break through and forms resistance in the $0.0268 area, consider a short position with a target of $0.0258 and a stop loss set above $0.0272. This is a personal opinion for reference only.
Contract trading is different from spot trading; it tests your judgment and execution skills more! Greater volatility means more opportunities, but it also makes it easier to amplify risks. Buying high and selling low is a core strategy, such as focusing on support levels to go long and resistance levels to go short, while also analyzing candlestick patterns, moving averages, and indicators to judge trends. Setting stop-loss and take-profit is essential; never forget to strictly define your risk range. Remember: emotional trading is a big taboo; calm analysis and steady progress are the keys to profit!
MicroStrategy Founder: The U.S. Should Sell Gold to Buy BTC and Control the World's Reserve Status According to Mars Finance, MicroStrategy founder and chairman Michael Saylor participated in strategic discussions about Bitcoin reserves and shared key reasons why the U.S. should abandon gold and embrace digital currency in a recent interview. In a 1-minute video, Saylor stated that $BTC could help the U.S. government control the world's reserve status and capital network, recommending that the U.S. government purchase at least 20% - 25% of circulating Bitcoin. Saylor suggested that the U.S. could sell its reserve gold to buy Bitcoin, and if this is achieved, it would make the U.S. the world's reserve capital network. He believes that this move would cause the value of gold to plummet, prompting other economies to sell assets to buy Bitcoin. Once gold is 'demonized', capital will flow back to the U.S., at which point the reserve value of Bitcoin is expected to soar to about $1 trillion. #Bitcoin #US Economic Strategy #Gold and Bitcoin
Based on current on-chain data analysis, Ethereum's in-the-money/out-of-the-money situation and demand/resistance areas indicate possible future price trends: High percentage of in-the-money holders: Approximately 89% of ETH holders are 'in-the-money' at a price of about $3,990, indicating that most holders are currently in a profitable position. This reflects a relatively healthy market foundation and strong holding confidence. Strong demand area: In the demand zone of $3,535.55 to $3,588.88, 1.3 million addresses have purchased over 11.6 million ETH. This support area indicates strong buying demand below, which could become an important foundation for further increases in Ethereum's price. Limited resistance space for upward movement: In the resistance area of $4,540 to $4,579, there are fewer than 61,000 addresses holding about 600,936 ETH. This is significantly smaller compared to the demand area, indicating limited selling pressure near this price.
Ethereum's current trading price is above the 50-day ($3,029) and 200-day ($2,927) simple moving averages (SMA), indicating a bullish long-term trend. However, short-term attention should be paid to the signals from market momentum indicators.
Short-term trend looks bullish, price has successfully broken through the key resistance at 0.453, the next target to focus on is the 0.470-0.480 area. Bulls can wait for a pullback to the 0.453-0.449 range to position, with a stop loss below 0.445, targeting above 0.470. Personal opinion, for reference only.
XRP has successfully broken through the critical psychological level of 2.5, and current bullish sentiment may drive the price further up. The next target is likely 2.7, and if it can break through steadily, it may even challenge 2.85 or higher.
Short-term buying opportunity: Look for a pullback confirmation of support near 2.5 before considering entry. Target price: First aim for 2.7, and after breaking through, look for above 2.85. Stop-loss level: Set below 2.44; if it breaks, decisively stop loss. Personal opinion for reference.
拾壹BTC
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Bullish
Currently, 27945237293 66611065567
XRP has a good momentum, and the price has risen to $2.3580, very close to the key resistance level of $2.4500 above. If it can break through this level, it may subsequently challenge $2.5000 or even higher levels. However, if there is a pullback, $2.3000 is a relatively important support level, and as long as it holds, there shouldn't be a big issue. Operational advice: For those looking to buy on dips: If the price falls back to around $2.3100-$2.3200, consider buying a small position, with a stop-loss at $2.2800, targeting a return to $2.4000-$2.4500. For those looking to chase highs: If the price successfully breaks through $2.4500 and stabilizes, you can follow the trend to go long, targeting above $2.5000. It is recommended to set a stop-loss around $2.4300 to prevent false breakouts. The short-term upward momentum is strong, the key is whether it can break through $2.4500. Be patient and wait for opportunities, and proceed steadily!
The U.S. Securities and Exchange Commission (SEC) is about to reject the applications for spot Solana exchange-traded funds (ETFs) submitted by several asset management companies. According to Fox News reporter Eleanor Terrett, the SEC has made it clear that under the current government leadership, it will not consider approving any new cryptocurrency ETFs. Will the market be affected?
As a directly related cryptocurrency asset, Solana (SOL) may face selling pressure, as investors may reduce their demand for SOL due to a loss of market confidence. The SEC's stance on rejecting cryptocurrency ETFs could further impact investors' confidence in the regulatory environment of the U.S. market, exacerbating uncertainty about the future development of the cryptocurrency market, which may lead to volatility in the prices of other cryptocurrencies in the short term. If the U.S. continues to take a conservative stance on crypto ETFs, other countries or regions may seize the opportunity to offer a more relaxed regulatory environment, attracting cryptocurrency projects and investors to shift to overseas markets. Although this rejection may dampen short-term sentiment, as the leadership of the U.S. government may change next year, and with the new chairman Paul Atkins having a relatively friendly attitude towards cryptocurrency policies, expectations for the approval of future ETFs still exist.
ETH is currently showing strong momentum, with the price breaking through the previous key level of $3,778 and maintaining an upward trend. Next, focus on two points: if the price can successfully break through $4,100, it may continue to rise, targeting $4,200 or even higher; but if the price falls back, around $3,780 is a good support level, which could be considered for entering at a lower price. In terms of risk, the market is quite volatile, so it is recommended to operate with light positions to avoid losses from high leverage. If you want to be more cautious, it might be better to wait for a pullback to $3,780 before considering entry, with a stop-loss set below $3,700, while still aiming for above $4,100. In summary, the current trend looks bullish, but don't chase the highs too aggressively; waiting for a pullback to make a decision is safer!
XRP has a good momentum, and the price has risen to $2.3580, very close to the key resistance level of $2.4500 above. If it can break through this level, it may subsequently challenge $2.5000 or even higher levels. However, if there is a pullback, $2.3000 is a relatively important support level, and as long as it holds, there shouldn't be a big issue. Operational advice: For those looking to buy on dips: If the price falls back to around $2.3100-$2.3200, consider buying a small position, with a stop-loss at $2.2800, targeting a return to $2.4000-$2.4500. For those looking to chase highs: If the price successfully breaks through $2.4500 and stabilizes, you can follow the trend to go long, targeting above $2.5000. It is recommended to set a stop-loss around $2.4300 to prevent false breakouts. The short-term upward momentum is strong, the key is whether it can break through $2.4500. Be patient and wait for opportunities, and proceed steadily!