【December 24 Market Brief】U.S. weekly unemployment claims data released, previous value 224,000, market expectation also 224,000, actual figure 214,000 — this is a bearish signal.
From a technical perspective, Bitcoin currently holds a long position around 8.67, and it is necessary to strictly set stop-losses to control risk. For Ethereum, the buy-in range is between 2905 and 2833, and the downside protection levels should also be managed carefully.
It is worth noting that starting tomorrow, Europe and the US will enter Christmas and New Year holidays. During this period, liquidity in the crypto market will significantly shrink. Many traders may choose to temporarily exit and observe or use the holiday to recharge. Market movements could become more volatile and unpredictable, so caution is the best approach.
Overall, this period is more suitable for relaxing the mindset. If there are no clear trading signals, there is no need to force trades. This analysis is for reference only and does not constitute trading advice. Specific operations should be based on your own risk tolerance.
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NFTRegretful
· 8h ago
The holidays are coming, I still have to stop, no more messing around.
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BTCBeliefStation
· 8h ago
The holidays are here, everyone. I choose to sit on the sidelines and wait for liquidity to return before acting.
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Unemployment data is so good, yet it's still bearish? I don't understand the trader's logic.
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Entering a long position at 8.67, you really have guts. During this holiday volatility, waiting to cut the leeks.
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Not forcing a trade is the best trading strategy. I agree with this view.
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I'll just lie down during the Christmas holiday. Let's see what you all do.
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Set your stop-loss and go to sleep. Don't overthink it.
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Market conditions with liquidity exhaustion are most easily manipulated downward. Being cautious is right.
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Entering at 2905 on Ethereum, I'm a bit scared. The risk is too high.
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Holiday trading is just gambling. Face reality, everyone.
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Data is bearish, yet still going long. Where does this logic make sense?
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GasGrillMaster
· 8h ago
Unemployment benefits decrease, is that actually bearish? This logic doesn't hold up.
Just wait and see the show during the Christmas holiday. Anyway, I've already cleared my positions and relaxed.
Setting stop-loss orders is easier to say than to do. I'll wait until liquidity returns before acting.
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GateUser-9ad11037
· 8h ago
The night before the holiday, I said I wouldn't trade, but seeing 8.67 still makes me want to give it a shot. I can't hold back a bit.
【December 24 Market Brief】U.S. weekly unemployment claims data released, previous value 224,000, market expectation also 224,000, actual figure 214,000 — this is a bearish signal.
From a technical perspective, Bitcoin currently holds a long position around 8.67, and it is necessary to strictly set stop-losses to control risk. For Ethereum, the buy-in range is between 2905 and 2833, and the downside protection levels should also be managed carefully.
It is worth noting that starting tomorrow, Europe and the US will enter Christmas and New Year holidays. During this period, liquidity in the crypto market will significantly shrink. Many traders may choose to temporarily exit and observe or use the holiday to recharge. Market movements could become more volatile and unpredictable, so caution is the best approach.
Overall, this period is more suitable for relaxing the mindset. If there are no clear trading signals, there is no need to force trades. This analysis is for reference only and does not constitute trading advice. Specific operations should be based on your own risk tolerance.