The current market is trapped in a frustrating oscillation, with no clear continuation in either bullish or bearish directions. The repeated tug-of-war between highs and lows lacks a definitive trend. Around Christmas, market activity is likely to become dull, and volatility is expected to further narrow. The core strategies are anchored on two points: 1. Bitcoin support levels are moving upward in a stepwise manner. In the short term, hold the 86,000 level and consider a decisive long position; after a rebound to resistance levels, switch to a short position. 2. Ethereum has a very strong correlation; the 2900 level is a key support. Follow Bitcoin's rhythm and operate accordingly.
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12/24 Evening Analysis:
The current market is trapped in a frustrating oscillation, with no clear continuation in either bullish or bearish directions. The repeated tug-of-war between highs and lows lacks a definitive trend.
Around Christmas, market activity is likely to become dull, and volatility is expected to further narrow.
The core strategies are anchored on two points:
1. Bitcoin support levels are moving upward in a stepwise manner. In the short term, hold the 86,000 level and consider a decisive long position; after a rebound to resistance levels, switch to a short position.
2. Ethereum has a very strong correlation; the 2900 level is a key support. Follow Bitcoin's rhythm and operate accordingly.