Today, BTC Rebounded to around 97000, welcoming the challenge of the 100000 threshold again in the new year of 2025. Most other currencies have also risen, especially those AltCoins, which have risen quite happily.
So, what's the short-term trend of the crypto market? The price difference between BTC and CB has dropped to less than $100, which is a good thing; the decline from 99964 to 91530 has been confirmed to be over; Rebound to above 99000→102000, the decline since 108353 can only be confirmed to be over after that. Everyone, take a look at this chart.
BTC's intraday resistance level is $99,800, and the support level is $94,500.
The complete idea is in this picture: going back and forth, this is a normal Rebound.
SOL: It is believed that the exchange rate of SOL/BTC breaking through this channel will be a right-side trading signal. From the market, SOL's current round (BTC from 50,000 to 100,000) has not run out of a strong independent trend. Once initiated, it is believed that 300 should not be a problem, and 500 is also possible. Above 500, we will take it step by step and see what happens then.
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Today, BTC Rebounded to around 97000, welcoming the challenge of the 100000 threshold again in the new year of 2025. Most other currencies have also risen, especially those AltCoins, which have risen quite happily.
So, what's the short-term trend of the crypto market? The price difference between BTC and CB has dropped to less than $100, which is a good thing; the decline from 99964 to 91530 has been confirmed to be over; Rebound to above 99000→102000, the decline since 108353 can only be confirmed to be over after that. Everyone, take a look at this chart.
BTC's intraday resistance level is $99,800, and the support level is $94,500.
The complete idea is in this picture: going back and forth, this is a normal Rebound.
SOL: It is believed that the exchange rate of SOL/BTC breaking through this channel will be a right-side trading signal. From the market, SOL's current round (BTC from 50,000 to 100,000) has not run out of a strong independent trend. Once initiated, it is believed that 300 should not be a problem, and 500 is also possible. Above 500, we will take it step by step and see what happens then.