In life, we pass through quickly. If there is any true intention, it is merely a warmth and care. Advance an inch and there is an inch of fondness; take a step back and there is a step back of waiting. Some connections drain the spirit, while others elevate the soul. If you cannot resonate together, it is better to be alone... $BTC $ETH $BNB #加密市场盘整 #市场调整後的机会? #PCE通胀降温 #USUAL走势分析 #萨尔瓦多增持BTC
#加密市场盘整 Bitcoin $BTC fluctuates around one hundred thousand, so do you think Bitcoin can stabilize at one hundred thousand this year and reach a new high?
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Zoom in on the latest BTC price action, hover the cursor over the price line to determine which price range it is in.
2. Annotate the Price Range Colors
1. Deep Blue ("Basically a Fire Sale") Severely Undervalued; 2. Cyan ("Buy Now!") Clearly Undervalued; 3. Green ("Add to Position") Undervalued; 4. Light Green ("Still Very Cheap") Slightly Undervalued; 5. Yellow ("Hold Long-Term!") Fairly Valued; 6. Orange ("Is This a Bubble?") Seems Slightly Overvalued; 7. Light Red ("FOMO Intensifies") Possibly Overvalued; 8. Red ("Sell Quickly!") Severely Overvalued; 9. Dark Red ("Maximum Bubble Zone") Extremely Overvalued. The top colors indicate overbought, while the bottom indicates oversold.
3. Advantages of the Bitcoin Rainbow Chart
1. Intuitive presentation of historical price trends and market sentiment. 2. Helps in understanding Bitcoin's long-term price behavior. 3. The color bands provide guidance for buying, selling, or holding.
Conclusion: The Bitcoin Rainbow Chart visualizes price action and market sentiment, allowing investors to identify opportunities, but it is essential to combine it with other indicators to reduce risk and enhance success rate. ⚠️ For the official Bitcoin Rainbow Chart website, please contact me (see my profile) #圣诞行情预测
The year-end is approaching Many companies are preparing for year-end meetings But only those in the crypto circle know That the market is at its peak during the New Year period #市场调整後的机会? #比特币市场波动观察
On Christmas 2019, Bitcoin fell; On Christmas 2020, Bitcoin rose; On Christmas 2021, Bitcoin fell; On Christmas 2022, Bitcoin fell; On Christmas 2023, Bitcoin rose; On Christmas 2024, Bitcoin will_______?
The big coin experienced sharp fluctuations this weekend, causing those who have just been traumatized to frown, fearing that the big coin will test the bottom again. From the trend, there is no sign of a pullback; the support level is at 94,000, while the resistance level is around 99,800. The overall trend remains volatile.
Ethereum has some support around 3,330 and shows signs of turning upwards. However, the main force won't be that kind-hearted to let it go straight up. It's normal for the market to experience sharp fluctuations during the recovery process. The bull market has not ended; one must hold onto their chips tightly.
With Christmas approaching and the historical trend of poor Christmas market performance, people are being cautious. The recent sharp drop could be an early escape of risk-averse funds ahead of Christmas, leading to a decline.
Although the secondary market is sluggish, the primary on-chain funds remain relatively active. Wishing everyone a pleasant weekend, while also maintaining a good mindset to welcome a brand new week.
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If you are worried that the bull market is about to end, let me tell you with data:
In December 2020, BTC fell 12%, while it had previously risen 77% from October to November. Then, in the following 23 days, its price rose from $17,000 to $41,950 (an increase of 149%).
A similar situation is happening now, as Bitcoin has dropped 13% after a significant rise in the fourth quarter. This does not mean that the current level is the market bottom; we may still see a 10-15% adjustment.
However, Bitcoin and the cryptocurrency market still have plenty of momentum.
I am Shaohua, follow me to gain more in this bull market.
According to Glassnode, this Bitcoin cycle is the least volatile on record. With the continuous increase in institutional adoption and demand driven by spot ETFs, the stability of BTC has reached new heights. Therefore, the operational advice is: if it suddenly drops a lot, remember to buy the dip rather than thinking it will continue to drop deeply. Now, when it slightly drops, institutions start buying and buying. A drop like the one during the last bull market on May 19 is hard to see again; Bitcoin is now very stable.
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The market is entering a rebound, remember that a rebound does not mean a reversal! So be cautious when entering the market; if you have made a profit, don't be too attached to it, or else the hard-earned gains may slip away. If you move slowly, you might get trapped and feel downcast! From the current perspective, the market is showing ups and downs, and the tug-of-war between bulls and bears is intense, but it is merely retail behavior. Since it's retail behavior, it won't create much of a storm! If you want a reversal, you still have to look for significant capital from the big players entering the market and releasing volume; otherwise, once the bullish momentum weakens, there will be another wave of sell-off that could hit you hard. So always keep a clear head and don't mistake a rebound for a reversal!
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December 22nd News: 1. Bitcoin mining company Hut8 has purchased approximately 99 million Bitcoin for about $100 million; 2. VanEck's latest Bitcoin ChainCheck report predicts that Bitcoin will reach $180,000 by 2025; 3. El Salvador plans to increase its BTC purchases, with a mid-term goal of acquiring an additional 20,000 BTC; 4. Azuki officially retweeted Animecoin's tweet, hinting at an upcoming token launch; 5. Base: Layer3 platform has opened smart wallet tasks with a total prize pool of $50,000; 6. Vitalik: Feels scared about AGI and ASI, supports building intelligent enhancement tools for humanity rather than superintelligent life; 7. USDC Treasury has issued an additional 50 million USDC on Ethereum; 8. Last week's NFT collectibles trading volume reached $304 million, with Ethereum NFTs growing by 76% month-over-month; 9. November DEX trading volume surpassed $300 billion, setting a new historical record; 10. Boost VC announces investment in DeSci project PoSciDonDAO; 11. Over 10,000 OP and 5,454 LINK flowed into Grayscale; 12. Unichain released its mainnet phased roadmap, set to launch in early 2025; 13. Michael Saylor released a digital asset framework including strategic Bitcoin reserves; 14. NextGen Digital announced a crypto strategy expansion aiming to acquire and hold positions in SOL, XRP, and DOGE; 15. Heurist launched a service-free AI Agents framework; 16. fxhash launched the FXH token, with 40% allocated for community airdrops; 17. Web3 gaming company Immortal Games launched a $2 million investment fund; 18. Nillion will launch its mainnet in February next year; 19. Tether CEO: expects Tether's net profit to exceed $10 billion in 2024; 20. SendAI launched the open-source toolkit Solana Agent Kit, supporting AI agents to connect to Solana.#加密市场盘整