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.

🔶 Binance and the Mario Question Mark Block (? Block) seem to go well together?

#币安圣诞五天乐 “ ? Block ” is a classic element from the Mario game. When Mario jumps and hits it, various rewards will drop, such as coins, mushrooms, stars, and other items.

Binance is like the ? Block in the Blockchain world; with each new product launch and every technological breakthrough, Binance opens the next 'question mark block' for users, bringing surprises, growth, and more possibilities.

👉🏻 Thank you, Binance, for this year's #BinanceSquare Annual Creator + Best Potential Star award; this is the best ? Block Surprise for Pump Pump 🎉🎄

(This time, let this trophy represent Binance's 'golden' element 😇

#圣诞行情分析 $BNB $BTC

BlackRock Select!
Trump Select!
Grayscale Select!
Why do you have to choose for yourself!

$ETH Evening Thoughts:
I don't know what the second pancake is holding on for, just let it go! It's cool down below, and the air up top is not good.
If the big brother can't hold on, what is the younger brother still hanging on for? I hope you can hold on, but if you can't, come stay with me; I'll provide food and shelter 😃.
🛁
Speaking with pictures: Pay attention to the marked positions for going long and short, give yourself some leeway, rules are rigid but people are flexible. There's no need to wait painfully for the exact position; giving a little leeway might be better.
Whichever reaches first, do that; if it can't reach, then go spend a peaceful Christmas Eve.
Looking at the second pancake on the 1-hour level, the big M head I drew is not standard, just deal with it! Pay attention to the volume-price relationship and set your stop-loss properly.
🛁
For the second pancake to regain its strength, it must stabilize above 3430, and can look towards 3470-3530; otherwise, it won’t be very useful.
On the 4-hour level, it must not fall below 3356; if it does, it will drop to 3292-3218.
Be mindful of risks tonight.
🛁
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Action is better than hesitation.
$ETH
#币安LaunchpoolBIO
#币安Alpha第6批项目上線
#加密市场反弹

Market changes around Christmas🎄Although history does not repeat itself, it is surprisingly similar🧑‍🎄
The “Santa Claus Quote” in the Crypto Market is Difficult to Predict

Although the market conditions around Christmas will not simply repeat themselves, there are similarities. "Santa Claus Quote" originally refers to the market performance on the last five trading days of each year and the first two trading days of the following year. In the crypto market, the performance of this market varies significantly.

Among the years without a "Santa Claus market", the crypto market experienced the largest correction before Christmas in 2017, reaching 12.12%. In other years, the correction was smaller, ranging from 0.74% to 1.25%. The market correction after Christmas in 2021 and 2022 will be 5.30% and 1.90% respectively.

In the past 10 years, there have only been three “Santa Claus runs” in crypto markets around Christmas. In 2016, the market value rose by 11.56% before the holidays and by 10.56% after the holidays; in 2018, despite adjustments throughout the year, there were still increases of 1.31% and 4.53% before and after Christmas; the bear market will recover in 2023, with a rise of 4.05% before the holidays and 4.05% after the holidays. It later rose 3.64%.

In comparison, the performance of the crypto market in December was more extreme. In the past 10 years, the 5-year growth rate was 16.08% - 94.19%, and the 5-year correction was 1.73% - 15.56%. In short, the “Santa Claus market” in the crypto market is not a stable phenomenon and is difficult to predict. #圣诞行情分析 #比特币市场波动观察 #本周微策略是否继续增持BTC？

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