$BTC #BitwiseBitcoinETF As of December 28, 2024, Bitcoin's price stands at approximately $94,569, reflecting a 1.55% drop from its previous close. Recently, Bitcoin surpassed the $100,000 mark, but a slight correction followed. This year, Bitcoin's value has surged by over 100%, driven by President-elect Donald Trump's crypto-friendly policies and his promise to include Bitcoin in national reserves. Additionally, the U.S. SEC approved Bitcoin Exchange-Traded Funds (ETFs), boosting institutional interest.#BtcNewHolder #BTC100Ksoon $BTC
#BitwiseBitcoinETF #BitwiseBitcoinETF As of December 28, 2024, Bitcoin's price stands at approximately $94,569, reflecting a 1.55% drop from its previous close. Recently, Bitcoin surpassed the $100,000 mark, but a slight correction followed. This year, Bitcoin's value has surged by over 100%, driven by President-elect Donald Trump's crypto-friendly policies and his promise to include Bitcoin in national reserves. Additionally, the U.S. SEC approved Bitcoin Exchange-Traded Funds (ETFs), boosting institutional interest.
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Today's market is quite good, but I want to remind you that this position is not very suitable for entering long positions The cost-effectiveness here is already very low If you are a beginner, many people might see today's rebound and feel that a bull market is about to start, and then jump in to chase the highs From a technical perspective: Bitcoin is now approaching 100,000 twice, and ETH 3500, both have roughly formed a W bottom, reaching the vicinity of the previous high neckline, and the 4-hour chart for Bitcoin has formed a double top It would be better to wait for a confirmed breakout before re-entering from the right side, as it would be steadier, then support will look at this key position of 97,800, if it goes down here and cannot hold, then basically the double top is confirmed It will continue to decline with wide fluctuations, and at the same time, altcoins will also correct So I will not place any trades here; if I were to trade, I would wait for a right-side breakout above 100,000 and 3500 to confirm effectiveness before entering, otherwise the risk here is very high and the cost-effectiveness is very low.
The trend formed by a continuous decline above level $ACT 4h is difficult to reverse in a short period of time, unless an extreme positive reversal occurs. It is highly likely that the bottom is formed after oscillation and oscillation. Good trading habits: do not catch falling knives, do not touch the top.
Good evening, everyone. Today is Christmas. I wish you all a happy Christmas. Let’s take a look at the current market situation.
Let me talk about my opinion on the current market. Just now, it was another attempt to lure more buyers. Bitcoin has rushed to 99,000 three times, but has not broken through 100,000. The dealer's method is a bit disgusting. It is clear that it will not let you break this 100,000. You can look at the trend of Bitcoin's rise last night. The positive lines are higher than one another, but the volume does not follow the trend of the K line. What does this mean? The volume is the best reflection of the market's funds. This will not be faked. In this case, it is obvious that the dealer is probably trying to pull the market to lure more buyers, not the market's funds to drive the rise of Bitcoin. Today is Christmas, and the US stock market is closed for one day. Last year's Christmas was also rising during the day, and it began to fall on the 26th, but the fall was not too severe. Don't chase high in this market, it is easy to be trapped. I suggest that you wait for the callback to be in place before entering the market. At present, Bitcoin ETFs are still in net outflow, with an outflow of 338 million US dollars, and there is no inflow of funds in the market. Why is it rising? This is illogical.
Currently, Ethereum can focus on the range of 3385-3405. If it does not fall below, you can go long on dips and set the stop loss at 3345, which is Fibonacci's 618 position. Now you can go short on rallies, set a stop loss, and wait for the market to stabilize.
Merry Christmas, follow Saoge and let's play Niu Niu together
独领风骚必暴富
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Bullish
Merry Christmas 🎄, friends around the world! 🧧 Let's strive for 30,000 followers for this year, only 600 left! Tonight, let's reach 1,000 people in the Binance chat room (still 30 more to go). It's all just a little shiver, let's charge forward again next year! 骚哥专属聊天室点此直接进入周边福利领不停 $ETH
From now on, New Brother will also be Binance Square Little Yellow V Let's get a little Bitcoin red envelope, let's work hard together, brothers, hurry up and make money. Reply 'Go' to automatically receive.
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It is easy to control hundreds of U. I will not open a position today. Support me in getting commissions and provide entry signals as soon as possible. For example, uxlink, who has listened to my live broadcast today, should not have been shorted all the time. In the process of pulling up, the bottom pin is often three times, and finally ends with a big positive line, and then enter the market with the second-stage downward trend.
$LPT successfully ambushed before the launch📈13.5-13.8 range recommendation, broke through 20U as expected, rose 50 points in just a few days, there may be stagflation in the short term, and the market outlook is still very optimistic. $SSV SSV is also one of my favorite currencies, bought at 21-21.5, and the performance is not bad. $BAT BAT I remember is also called attention currency, an old currency, this time the rise was also brought up by Grayscale. BAT is also one of Grayscale's holdings. In this round, Grayscale continues to increase its holdings of ZEN, and the market has captured Grayscale's sentiment, so it has also started to rise in the past two days📈.
Thank you for your attention and send everyone a red envelope.
The free live analysis below is available for listening at any time 29 minutes and 30 seconds, accurate analysis of Bitcoin rebounding from the W-shaped double bottom near 92500📈📈4000 points already Merry Christmas🧑🎄🎄Come and get the red envelope🧧⬇️
Although the market rebounded late, it arrived as expected. It is uncomfortable to be trapped, but it is even more uncomfortable to sell at a low price. The market rebounded again. This is the most uncomfortable operation. In the past period of time, no matter how difficult the market was, Taco did not let friends sell a chip, but added some cheap chips
From the trend, the big cake has just broken through the resistance near 95600. It can rise better if it steps back to this position. The resistance near 99600 above still exists. The overall trend is also turning upward
Taco vaguely remembers that RWA ignited the market in the last bull market. The outstanding performance of ZEN and LPT in the past two days can be said to have rekindled the passion of the entire market. With the new mine of BNB, the market sentiment is igniting
Now just wait patiently for Taco to update the position of reducing positions. After this round of reducing positions, we need to make adjustments to the ambush currencies. The times make heroes. Go with the trend and ambush the next hot spot. Let's move forward with Taco