Regarding Big Cake, considering the current market conditions, a short position can be taken around 95000, with a stop loss at 95500 and a take profit target at 93000; if the price breaks below 92500 without support rebound, it is highly likely to drop to the 88000 area, so it is necessary to closely monitor the breakthrough situation of key points. Aunt Empress is oscillating around the 60-day moving average of 3380 on the daily chart, influenced by the trend of Big Cake, it is recommended to short around 3430, with a stop loss at 3450 and a target of 3300.
Market Analysis
Last week, due to Christmas, the market was generally quiet, with neither gold nor the cryptocurrency market showing significant fluctuations, currently in a consolidation pattern. The daily chart of Big Cake is at the lower edge of a triangle breakout, with a possibility of decline; Aunt Empress is relatively strong but still guided by Big Cake, and risk must be strictly controlled during operations. Strategies should be flexibly adjusted based on real-time market dynamics, responding cautiously to potential changes in market direction, and grasping the timing of entry and exit well.
On the afternoon of December 27, I led my team to three consecutive victories:
Big Pie reached 2560 points
Ether reached 100 points
Trading is like a battlefield, strength is the blade, experience is the armor. Past experiences keep whispering in my ears: Only real ability can break through
In a bull market, many people regard "recovering the original investment" as their goal, but is this really enough?
The significance of a bull market is to increase wealth, not simply to make up for losses. If you don't make money even in a bull market, you need to reflect on your strategy and execution.
Think about it, the bull market will last at least half a year, and this is a great opportunity to turn things around!
Adjust your mindset, optimize your strategy, and seize the next market with your heart. These six months are enough for you to usher in a real leap in wealth.
Bull markets don't come often, don't let the opportunity slip away in vain!
Bitcoin's year-end rally stalls, the market faces multiple tests
2024 is coming to an end, and Bitcoin's upward momentum is gradually weakening at the end of the year. As of press time on December 27, Bitcoin was trading at $95,914, down 0.12% from the previous day. Previously, Bitcoin had reached a record high of $108,316 on December 17, and December will also be its first monthly decline in four months.
On the one hand, institutional investors such as MicroStrategy continue to buy heavily, injecting confidence into the market. MicroStrategy hinted this week that it may expand its plans to buy bitcoin. The company has transformed from a software maker to a bitcoin accumulator, and now owns more than $40 billion in digital assets. On the other hand, the upcoming huge option expiration may trigger short-term volatility. On December 27, Bitcoin ushered in an option expiration date worth $14.27 billion, of which the option holdings at the $90,000 strike price were the largest.
In addition, the bitcoin reserves of Binance, the world's leading cryptocurrency exchange, fell to the lowest level since January this year, triggering market expectations that bitcoin prices may rise sharply, but bitcoin prices fell back on Thursday, falling 3.4% to $95,110, and the cryptocurrency index including Ethereum, Solana and Dogecoin also fell by about 3.5%.#BTC #ETH
On December 26, the Bitcoin market showed a complex situation. According to SoSoValue data, the total net inflow of Bitcoin spot ETFs on December 26, Eastern Time, was US$475 million. The Bitcoin spot ETF with the largest net inflow in a single day was Fidelity ETF FBTC, with a net inflow of US$254 million. The current total net inflow of FBTC has reached US$12.048 billion.
However, the main contract of CME Bitcoin futures BTC was quoted at US$95,705.00 at the end of New York trading, down 3.43% from Tuesday, and traded in the range of US$99,995.00-95,095.00 during the day. Most of the concept stocks of encrypted digital currency/blockchain concept stocks closed down, Ethereum ETF ETHA closed down 5.19%, and "Bitcoin holder" MicroStrategy fell 4.78%.
According to Coinglass data, as of 19:50 on the 26th, more than 100,000 people in the cryptocurrency market were liquidated in the past 24 hours, with a total liquidation amount of US$287 million. Since December, Bitcoin's volatility has increased significantly, with prices fluctuating widely between $92,500 and $99,900, with investors' positions liquidated several times.
At present, many people are ambitious, and their inner desires seem like an endless pit, difficult to fill, which precisely becomes a breeding ground for troubles. One needs to learn to be grateful and content, to restrain excessive greed, and to continuously eliminate those things that are not essential. After all, many things are found to be of little use only after they are obtained, and ultimately can only be discarded. Life can only be peaceful and smooth by being content.
As the classics of Chinese studies say: "Greed is like fire; if not restrained, it will burn the land; desire is like water; if not restrained, it will flood the heavens." The profound meaning here is that the greatest danger in life lies in insatiable greed, becoming deeply trapped in the mire of desire and unable to extricate oneself, always feeling that what one has is still lacking, difficult to satisfy; whereas the greatest virtue in life is understanding the principle that contentment brings happiness. One can find the true flavor of life in the midst of rampant material desires by steadfastly adhering to one's heart, often reflecting on what one has, not envying others' pursuits, and thus embracing peace and tranquility, allowing the soul to be free from disturbances and fully enjoying the joy of life.
You can gradually establish short positions in the range of 96300 - 96800, with initial target prices looking towards the range of 95000 - 93000.
ETH Trading Suggestions
Establish short positions in the range of 3360 - 3390, with a target price of 3300.
BTC Technical Analysis
After the previous daily K-line reached the key resistance level of 100,000 and then declined, the price is operating below the lower band of the daily Bollinger Bands, indicating dominance of the bears. On the 4-hour chart, although there was bullish support after forming a double top pattern, there is a high probability of encountering selling pressure when testing upwards again.
ETH Technical Analysis
The overall market is bearish, affecting ETH. Although there is resistance from the bulls, the bearish forces are strong under the influence of technical patterns and market trends, making it difficult to have an independent trend. Investors should operate cautiously and adjust strategies flexibly based on market changes. #BTC #ETH
There is always darkness on the way to pursue your dreams. But please believe that every seed that survives the cold winter has a dream about spring. You may be tired or confused at this moment, but as long as there is light in your heart, you can break through the darkness and usher in the dawn. Big Pie🔥🍐1433 points🔥🔥🔥 Ether🔥🍐48 points🔥🔥🔥
When looking back at the future, the peaks you see at this moment may just be the beginning of a new wave of rising trends. At this moment, nothing is more critical than precise real-time strategy analysis. Bitcoin 🔥🍐918 points, Ethereum 🔥🍐37 points👏👏👏👏#BTC #ETH
The relationship between the alt season and the trend of BTC
The alt season we have been looking forward to depends mainly on the situation of BTC.
If we want to have an alt season, first of all, the market cannot keep falling unilaterally. Even if it does not rise, as long as it can stabilize and stay sideways, it is possible to usher in the alt season. Just like a few weeks ago, as long as BTC went sideways, those altcoins rose along with it.
So I have been keeping an eye on the 91200 area on the BTC daily K-line chart. If a relatively obvious rising green column appears when the price falls back to this point, it means that it may start to rebound again, which is a good sign for the overall upward momentum.
But if this key point is broken, then everyone has to be careful in the short term and find a place to take shelter quickly, otherwise once the market collapses, it will be like an avalanche, and few altcoins will be able to withstand it, and they will all suffer. #BTC #ETH🔥🔥🔥🔥🔥🔥
Trading Suggestions Bitcoin: You can enter a long position in the range of 98400 - 98700, with a target around 101000. The current BTC price fluctuations have formed this trading range, and there is potential for bullish strength to exert itself within this range. After breaking through resistance, it is expected to hit the target level. Investors should pay attention to whether the price can stabilize and rebound, seizing the opportunity to go long. Ethereum: Choose to go long around 3450 - 3460, with a target near 3600. The price movement of ETH has created trading opportunities in this range. If the market is dominated by bulls, the price is expected to rise to the target area. Investors should enter the market at the right time while preparing to set stop-loss orders to control potential risks.
Market Review Looking back at the midnight market, the bulls showed strong performance, breaking through the intraday fluctuations. Although the key resistance level above has not yet been broken, multiple tests indicate that the bullish strength should not be underestimated. Previous operations met expectations, and the actual BTC closed profits near the previous high, yielding ideal results.
The daily structure is currently in a corrective oscillation, with shallow pullbacks. BTC is operating within a wide oscillation range, finding support and rebounding near 97500, and has returned above 99000. The subsequent key resistance level is at the round number of 100000; if it breaks through, the market is expected to rise. In the short term, BTC is in a phase of repair and consolidation, waiting for bullish strength to exert itself. Once it breaks through, the probability of the price rising above 100000 increases. Investors need to closely monitor changes at key levels, flexibly adjust strategies, align with market trends to gain profits, while guarding against sudden risks to ensure stable trading.
On Christmas Eve, an unexpected market situation emerged in the crypto world, with Bitcoin strongly rebounding from a low position within just 24 hours, surging over $6000 and nearly breaking the crucial $100,000 mark at its peak. This surge was like a storm, quickly sweeping across the entire market, and many altcoins also rose along with it.
However, behind this seemingly lively scene lie many uncertainties. There are voices in the market speculating that the altcoin season may have arrived, but can this really be confirmed? The answer is no. The rapid changes in the market are like lightning; before everyone could react, Bitcoin began to retract, and those altcoins that surged along with Bitcoin quickly fell back from their highs, like the retreating sea during low tide.
From a deeper analysis of the current market situation, if the two major cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), show signs of retraction, then the so-called altcoin season will struggle to gain a foothold. Because in the ecosystem of the crypto world, the trends of Bitcoin and Ethereum often play a decisive role; when they retract, the market's capital and confidence are affected, making it difficult for altcoins to thrive independently, let alone enter a full-blown altcoin season climax.
Although the current market situation is unclear, I firmly believe that the altcoin season will inevitably come, but its arrival requires time to brew. This strong belief has kept me from following the crowd in my investment decisions. To this day, I have not reduced my positions in altcoins, and in the past two days, I have slightly increased my holdings based on my own judgment. In this field full of uncertainties, only by maintaining a deep understanding of the market and one's own judgment can one seize opportunities in the future's market fluctuations and achieve ideal gains.
- Bitcoin: It is recommended to go long in the range of 97500 - 98000, aiming for around 100000. - Ethereum: Consider going long in the range of 3440 - 3460, with a target near 3590.
Market Analysis: The market showed a fluctuating trend in the afternoon yesterday, which was in line with expectations. In the evening, after opening on Christmas Eve, U.S. stocks rose across the board, driving up the price comparison. From the four-hour chart, after a narrow range of fluctuations to build energy, the market successfully broke through the downward trend line and recovered to the upper track, demonstrating strong bullish strength. Although there was a pullback at midnight, the pullback was weak and did not affect the overall upward trend. Currently, the short-term operating channel is narrowing and tending to be parallel, indicating that the market will once again enter a correction phase. During this period, we can seize the opportunity of a pullback to layout long positions, as there are opportunities for both long and short trades in short-term operations.
At this moment, we warmly welcome new friends to join our investment family!
In the long journey of investment, Weile is a trustworthy partner. He has been in the industry for more than ten years, always taking integrity as the highest principle, and resolutely eliminating all fraudulent acts.
The recent market conditions are like turbulent waves, ups and downs. But investors who follow Weile's strategy have reaped fruitful results. The profits of real-time students are very considerable, and it is common to make several times the profit. Many people have even achieved ten times the profit. Weile relies on accurate market research and skilled operation techniques to accurately control profit opportunities, and always remains humble and never brags.
Standing at this end of time and gazing into the future, what you currently perceive as the limit height is very likely just the beginning of a magnificent rising trend.
The current market situation is full of twists and turns, and precise real-time strategy analysis is undoubtedly the sharp blade that cuts through the fog and reveals opportunities. It allows us to accurately position ourselves in a complex and ever-changing environment, seizing every hidden opportunity.
Have you ever had an experience like this: you just bought cryptocurrency, and its price quickly plummets, only for it to unexpectedly start rising after you painfully sell at a loss?
This phenomenon may not be uncommon, making one feel as though the market is always working against them, even creating the illusion that they can predict the market in reverse. However, attempting to counteract this—selling when you want to buy and buying when you want to sell—often still leads to losses.
In reality, this is not a targeted attack by market makers against individuals, but rather an inevitable result of market trading. In the price chart, every price point has trades occurring; there will always be someone who buys at a high point and someone who sells at a low point at some time.
People often have vivid memories of their own misfortunes, like experiences of buying at peaks or selling at troughs, which are hard to forget. But if we were to truly count, perhaps among many trades, such misfortunes are just the minority. However, these few unfortunate experiences leave a deep impression, causing people to overlook other normal trading situations.
Therefore, it is particularly important to introduce quantitative thinking into the investment field. By analyzing historical data, we can understand how many times we might have suffered losses if we traded under the same logic in the past. This helps us break free from some incorrect perceptions, such as the belief that market makers are specifically targeting individuals, when in reality, we are just overly haunted by those unfortunate experiences.
Of course, historical data cannot fully predict the future, but at least it can help us view trading more rationally, no longer influenced by those occasional negative experiences.
The current market is undergoing a comprehensive correction, making it a great opportunity to position for potential altcoins!
Rebound in the 95000 - 95500 area to short, target 93000 - 92000.
Bitcoin Trend Analysis
On Tuesday morning, after Bitcoin stabilized above 92000 following a drop yesterday, it began to rebound and is currently fluctuating around 94000.
From a daily perspective, the price has entered a downward channel after breaking below the medium-term track, and a candlestick with a long lower shadow has formed; however, it has failed to break through the upper pressure zone, allowing the bearish trend to continue.
In terms of the weekly chart, the appearance of the “One Bear Engulfing Three Bulls” pattern provides strong technical evidence for the bearish atmosphere, indicating that the market will remain in a bearish dominant situation in the short term.
Looking at the four-hour chart, after two downward tests and recoveries, it has regained the resistance of the broken low at the 94000 level, making it difficult for the short-term weakness to continue, presenting a wide-ranging fluctuation pattern. Currently, the bottom of the previous large bullish candle on the 4-hour chart is near the 92000 level, which is also the critical point for strength at the beginning of the week. If this level holds, the market will continue to maintain a rebound and oscillation; conversely, once it breaks down, the market will weaken.
Intraday Short-term Strategy
In summary, the intraday short-term strategy can initially maintain a fluctuation approach, and adjustments will be made to the strategy after the market breaks through.