On Friday, BTC consolidated at 96-97k, and the crypto market stabilized and rebounded across the board. The Fed's hawkish forecast last week raised questions about the potential extent of interest rate cuts next year, thereby enhancing the strength of the US dollar. The market currently expects only a 35 basis point rate cut in 2025, which means that the probability of a second 25 basis point rate cut is less than 50%. Trump also made some promises to the crypto industry during the campaign, and whether he will make the US government a Bitcoin holder or even a buyer remains a hot topic.
Bitcoin does not fluctuate much during the day. From the range of 4H to daily lines, the previous moving average band suppression and the recent pattern suppression are still there, and the price is running close to these suppressions. The overall adjustment is in the range of 90,000-95,000-100,000. Before Bitcoin breaks away from this range, it will be a volatile trend, and you can still try to buy low and sell high in the short term.
Short-term support 92869~91702 (watch the market and make short trades), medium- and long-term support 87963~85910 (large fluctuation alternative points, 1:2), short-term suppression 98674~100187 (you can enter after a large-volume breakthrough and then fall back)
I firmly believe that there is only a hot season for counterfeit goods. What is the hot season?
1. Not all copycats have seen sharp increases
2. Only 1 to 3 sectors are rotating and rising
In each secondary hot season, the increase in hot coins is 3 to 5 times. During the Bitcoin shock, it is a good opportunity for hot copycats to perform. It is normal to rise and fall. The sectors that everyone is optimistic about will be delayed, and the sectors that everyone does not pay attention to will explode in advance.
The primary market is neither good nor bad, and there are little golden dogs appearing every day.
Pulling the market is the best marketing, this is what a bull market should look like
eth:
Ethereum’s short-term pressure is at 3560. If it cannot go up here, it means that it is still relatively weak in the short term. It is better to continue holding the currency and wait for a low buy.
PNUT:
There is a high probability that the Squirrel will not be able to get up for a while, and it should be the beginning of a long wash. There was no pull-up on the CB, which shows that the car is still heavy and it will not be easy to pull in the short term. The heavy car needs to be washed. This should test our patience. Be prepared for a long battle.
UN:
JTO should give an opportunity to go below 3 USD recently. If there is an opportunity, buy it in batches at a low price. JTO is also closely linked with SOL. As long as SOL becomes stronger, JTO will definitely become stronger.
RSR:
RSR has a relatively strong rebound among small coins. Its outbreak should wait until the new SEC chairman takes office. Before that, we only need to do a good job of buying at low prices.
DOGE:
Doge hasn't performed well recently, and there should be opportunities to buy low starting at 0.2. If given the opportunity, be sure to buy in batches.
SUN:
sol We warned yesterday that if the price fails to go above 200, there will be a second-level pullback, which was completely predicted. Hua Ge believes that if there is a chance below 180, we can buy at a low price once, and then wait for the adjustment to end and rise.