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The current BTC90000-92000 range has a strong ability to take over, which is already the third time to resist the bearish forces.
Because Christmas is from December 22nd to January 5th, 2025, Wall Street is on holiday, and the US stock market is closed, so there are few buyers for BTC's ETF in the short term. If there is selling pressure like on the 20th at this time, it is unknown whether it can hold. (Under normal circumstances, this should not happen, unless the US stock market crashes, which is currently closed)
Currently, BTC will still face resistance around 98000-100000. Before going to work on Wall Street on January 5th, there will be opportunities to buy on the second pullback. The entry capital for ETH is also increasing continuously, and the largest single-contract long position liquidation yesterday was ETH. The current trend of ETH is very healthy, with almost all large long positions being liquidated, making it easier for ETH to develop an independent trend, and altcoins will also dance one after another. #ETH #BTC #GateioInto11