Thursday Market Analysis and Strategy Adjustment

In the afternoon, the market showed a recovery trend, and the downward trend eased somewhat, with the prospect of a recovery action in the future.

Market fluctuations are not difficult to grasp, but investors need to avoid blindly insisting, as following the trend is essential for stable progress. Maintaining stability amidst the market's waves is crucial, and being flexible in response is key.

The midday market maintained a volatile recovery, initially forming a stop-loss situation, showing a certain level of upward continuation.

Currently, the market rhythm clearly shows signs of bottoming out and rebounding, with resistance around the 101600 area, a pullback of about 800 points.

From this week's market sentiment, the intense fluctuations of large rises and falls have basically come to an end, and we will enter an adjustment phase next.

From a technical structure perspective, the four-hour chart shows a wide operating channel, and the downward probe has fully released short-seller pressure.

Currently, the market has rebounded after probing down, entering a moderation phase, and in the short term, it has entered an oversold area. With the advancement of the upward repair and the support of bullish volume, the market shows a volatile upward trend.

Therefore, short-selling strategies are no longer appropriate, and a recovery rise will be accompanied by continuity.

Moving forward, our operational strategy will focus on going long at low positions. It is personally recommended that investors lay out long positions in the 101000-101500 area, targeting the 102500-103500 area.

Current Overview of Altcoin Situation: The market capitalization is relatively small, liquidity is poor, easily influenced by manipulation, and price volatility is significant, particularly susceptible to the psychological tactics of market manipulators.

Market Sentiment Analysis: The current market is in a bear phase, exhibiting characteristics of post-traumatic stress response, and caution is needed against excessive optimism or euphoric sentiments in the market.

Future Trend Outlook: It is expected that in the first quarter of next year, some quality altcoins will show signs of recovery, with potential for greater appreciation in the future.

If you have other questions, feel helpless or confused about trading, or want to learn more about cryptocurrency-related knowledge and first-hand cutting-edge information, click on my profile for free first-hand information, no threshold to get you on board #币安Alpha项目公布 #加密市场回调 #圣诞行情预测

The market has pulled back, and altcoins have generally fallen. How to find trading opportunities?

In the current market environment, the market has pulled back, and altcoins have generally fallen. However, it is these altcoins that show anti-falling characteristics in adversity that are often the first to usher in an explosion when the market recovers.

Anti-falling is mainly reflected in two aspects: one is "rising against the trend", that is, it can still maintain an upward trend when the market falls; the other is "oscillating trend", that is, it presents a relatively stable box consolidation pattern in the market fluctuations. Taking BNB as an example, although the market correction has caused a general waterfall decline in altcoins, BNB has walked out of an obvious box consolidation pattern at a small level.

For short-term operators, they can sell high and buy low according to the upper and lower rails of the box or Bollinger Bands. When the price touches the upper rail of the box, you can consider selling; when the price falls to the lower rail of the box, you can consider buying. This strategy can capture short-term profits in market fluctuations.

At the same time, it is necessary to pay close attention to the situation where the price breaks through the box. Once the price breaks the box and chooses a direction, whether it is upward or downward, you should follow up the order and enter the market in time. Especially when the market rebounds upward, if the anti-falling altcoins such as $BNB can break through the upper track of the box, then this is often a strong buy signal. Because it means that these altcoins are ready to go, and there is a high probability of a strong upward attack opportunity next.

In summary, although the market correction and the general decline of altcoins have brought certain challenges to investors, they also breed new trading opportunities. By deeply exploring anti-falling altcoins and rationally using short-term operation strategies, investors are expected to capture more profit opportunities in the market. #加密市场盘整 #BTC再创新高 #PENGU开盘

After being rapidly elevated to 107,000 at midnight, Panmian subsequently experienced a significant drop.

However, from an overall perspective, Panmian's price has still increased by 3,000 points.

Following a smooth transition in the market, the bulls have shown a certain advantage.

The operating suggestions are as follows:

Currently, consider buying one lot, with the target price above looking towards around 107,500, and potentially up to 108,000;

Set the stop-loss price below at 105,500.

The market situation is complex and changeable, so it is advised that investors enter cautiously and ensure to maintain a stop-loss line to avoid unnecessary losses.#BTC再创新高 #币安HODLer空投CAT、PENGU #VANA开盘

12.16 Ethereum Market Insights

In the recently concluded weekend, the Ethereum market exhibited a trend of fluctuating adjustments. From a technical structural perspective, the daily chart ultimately closed with a medium bullish candle, a formation that lays the groundwork for the subsequent market direction.

Delving into the four-hour chart, the Bollinger Bands show a slight upward opening, while the K-line is steadily operating near the upper Bollinger Band, demonstrating a certain upward momentum. Meanwhile, the MACD indicator’s dual lines exhibit a trend of crossing and extending upwards, with bullish energy bars continuing to expand, further reinforcing the bullish advantage.

Focusing again on the one-hour chart, the Bollinger Bands also maintain an open pattern, with the K-line fluctuating near the upper band. The MACD dual lines are crossing upwards, and the bullish energy bars continue to grow.

However, despite the current strong bullish atmosphere, the market is ever-changing, with risks and opportunities coexisting. Considering various factors comprehensively, the intraday trading strategy suggests prioritizing a high short strategy, while closely monitoring the strength of price pullbacks, seizing opportunities for low longs as appropriate.

BTC shone brightly during the weekend trading session, demonstrating strong market energy, breaking through the critical resistance level of 102594 with a vigorous upward trend. To gain deeper insights into this market trend, analyzing key support and resistance levels is a precise approach.

First, looking at the support dimension, the current market is in a phase of minor fluctuations and corrections, with a precise landing pointing to the key support level of 101576. This level acts as a stabilizing anchor in the upward trajectory of the market; as long as it holds firm, it serves to solidify the foundation for a continuous upward trend, with subsequent upward momentum likely to be released smoothly, pushing prices steadily higher.

Next, discussing the pressure aspect, looking higher, 103655 and 104648 are like perilous passes that lie ahead, forming the core resistance zone impacting BTC's subsequent upward momentum. For the market to expand further upward space, it must gather sufficient strength to gradually conquer these resistance levels, overcoming multiple obstacles to ensure a steady and long-term ascent in prices.

At the same time, Ethereum (ETH) is also not to be outdone, bravely battling in the waves of the market, once again launching a strong attack towards the key four-hour support and resistance point of 3900. For ETH, support and resistance levels are equally the key codes that dictate market direction.

Focusing on its support system, if by the end of the four-hour trading cycle, ETH has not firmly established itself above the critical level of 3900, investors need to immediately tighten their nerves and closely monitor the lower critical support points such as 3830, 3800, and 3730. These support levels act like steady and powerful anchors; when ETH encounters downward pressure and prices are on the verge of collapse, they can timely provide support, stabilize the price trend, and prevent a significant decline.

Switching to the pressure perspective, if by the end of the four-hour trading ETH successfully anchors above 3900, it undoubtedly releases a strong signal that the correction phase has ended. At this moment, investors should look upward, focusing on the key resistance levels of 3946, 3988, and 4088, which stand like prominent milestones on the journey ahead, quietly waiting for ETH to break through one by one with market momentum and investor confidence, unlocking higher price ranges and writing a new chapter in the market.

Key Points for the Upcoming Market

1. MicroStrategy Stock Inclusion: Today, its stock is included in the Nasdaq 100 index, which will attract massive funds. Both MicroStrategy and BTC will benefit, and the influx of funds may increase BTC demand.

2. Christmas Ethereum Outlook: The market is optimistic about the Christmas rally, with Ethereum expected to reach $5000 early next year, as historically, there is an 80% probability that cryptocurrencies rise around Christmas over the past decade.

3. Japanese Central Bank Rate Expectations: In next week's meeting, the Bank of Japan is highly likely to maintain interest rates, alleviating concerns about a negative impact on the crypto market and facilitating stable operations.

4. BTC Key Accumulation Zone: Approximately 2.25 million wallets have bought 2.18 million BTC in the range of $94,300 - $100,250, establishing strong support to prevent declines and assist in price increases.

5. CEX Outflow Effect: In the past 30 days, CEX has seen an outflow of 124,000 BTC, resulting in tight supply, which is building momentum for an upward movement, and continued outflow remains favorable.

6. USDC Issuance Impact: Today, 50 million USDC has been issued, creating buying pressure and injecting funds into the market, which is beneficial for price increases.

7. Altcoin Season Outlook: The altcoin season may be approaching, so keep an eye on coins with new highs and strong momentum on smaller scales, as they may present profit opportunities.

The Federal Reserve's next monetary policy meeting has entered a six-day countdown. According to current data analysis, there is a high probability that the United States will lower interest rates by 25 basis points this month, which is akin to a much-needed rain for the financial markets and is undoubtedly a significant positive development.

Market participants have reached a consensus that this interest rate cut expectation will inject positive elements into various assets, particularly benefiting risk assets.

In this situation, the Bitcoin market has also been infused with new vitality, sparking a wave of upward momentum.

Investors are enthusiastic, and the market generally expects Bitcoin prices to successfully break through the key level of $104,000 within this month, thus creating historic new heights.

Many analysts and investors maintain an optimistic outlook on this development, believing that this interest rate cut will further expand market liquidity, supporting the sustained rise in the prices of Bitcoin and other cryptocurrencies, continuously climbing to new peaks.

Daily Hot Events Selected December 12

1. The U.S. inflation rate rose to 2.7% in November, in line with economists' expectations. As a result, the likelihood of the Federal Reserve lowering interest rates by 25 basis points next week has increased; however, the pace of future rate cuts remains unclear for next year.

2. The U.S. will release the November CPI data tonight at 21:30, with market expectations previously set at 2.7%. According to data from CME FedWatch, the probability of the Federal Reserve cutting rates by 25 basis points in December is as high as 88.9%.

3. The U.S. stock market closed with mixed results, with the Nasdaq index rising by 1.77% and the S&P 500 index up by 0.82%.

4. The Coinbase crypto app ranks first in downloads in Brazil and has successfully entered the top three financial applications in the country.

5. In the past 24 hours, 972.6 million USDT flowed from Tether Treasury to exchanges, indicating a significant influx of funds into the market.

6. The U.S. Securities and Exchange Commission (SEC) has charged three individuals for impersonating securities brokers in a scheme involving $2.9 million in Bitcoin.

7. Trump's crypto project WLFI increased its holding of 1,325 ETH at an average price of $3,773 each.

8. In mainland China, some users have seen promotional ads for crypto funds on their Alipay homepage, with the related funds indirectly holding Coinbase stock and ARK Invest's Bitcoin spot ETF.

9. The Vancouver City Council passed a motion aimed at exploring the application of Bitcoin in municipal affairs, making the city more Bitcoin-friendly.

10. The Alabama State Auditor proposed establishing a strategic Bitcoin reserve, emphasizing the potential for success in long-term development and the importance of portfolio diversification regarding cryptocurrencies.

11. Citibank released a report stating that dollar stablecoins help further consolidate the U.S. dollar's dominant position globally, though they will not replace the dollar's status.

12. The insurance giant MassMutual, which bought 5,000 Bitcoins in 2020, now sees their value at approximately $500 million. The Hong Kong region will accelerate the approval process for crypto trading platform licenses and plans to regulate the stablecoin market and custody services.

A new round of BTC surge is about to come!

Although BTC has shown a relatively weak trend in the short term, this has not affected the daily inflow of funds into US ETFs at all.

In recent weeks, MicroStrategy, Riot Platforms, and MARA have been actively purchasing Bitcoin.

From December 2 to December 8, MicroStrategy purchased 21,550 Bitcoins at an average price of $98,783 per Bitcoin, with a total value of up to $2.1 billion.

Meanwhile, miner Riot Platforms raised $500 million through debt, primarily to acquire Bitcoin.

MARA has also significantly increased its Bitcoin holdings, adding 11,774 Bitcoins to its balance sheet during the same period.

In stark contrast to the concerns of retail traders, Bitcoin “whales” (large holders) and institutional investors remain optimistic about BTC's future prospects, as evidenced by the inflow of funds into ETFs, which fundamentally will not change due to short-term price adjustments.

Additionally, from a price trend perspective, whenever the price of Bitcoin approaches below $95,000, it quickly rebounds.

Just like last night's market, the price remains above $95,000. Therefore, there is no need to overly worry about the risk of a significant drop in Bitcoin.

The current bull market structure still exists, and every drop in this bull market is actually to build up strength for a stronger rise later.