Track real-time hot topics in the currency circle, seize the best trading opportunities, today is Tuesday, December 24, 2024, I am Wang Yibo! Good noon to all coin friends ☀ hardcore fan check-in 👍 like and get rich 🍗🍗🌹🌹

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The three major indexes closed up collectively overnight, with the Nasdaq up 0.98%, the S&P 500 up 0.73%, and the Dow up 0.16%. Large technology stocks rose, Nvidia and Intel rose by more than 3%, Meta and Tesla rose by more than 2%, the crypto market as a whole showed a volatile trend, and Bitcoin and Ethereum rebounded slightly! It shows an extremely firm determination to attack and strong market vitality. It's just that Powell's hawkish policy has affected the process of cutting interest rates, which may delay the original plan for a few months, but the final result will not change, and now it is a wash, and whoever cuts the meat is a leek!

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Bitcoin hit a low point of 92750 and rebounded in a straight line, soaring all the way to the high point of 95430. Analyzing the performance of the daily and weekly candlestick charts, the overall pattern shows a combination of high-level pullbacks and low-level rebounds. This is like an intense and exciting tug-of-war, with long and short sides fiercely competing at different price levels, making the market trend full of endless variables and deep suspense. When we turn our attention to the 4-hour chart, we can clearly see an upward trend. However, it is worth noting that each price plunge does not mean falling into a desperate abyss. On the contrary, each plunge is accompanied by a strong subsequent rebound. This alternating pattern of plunges and rebounds forms a unique and regular rhythm, but the space for rebounds and plunges is not isolated but interconnected and mutually influential. In the short term, let's first seize a wave of pullbacks.


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Ethereum started to rise from the low point of 3267, releasing its energy without reservation, and successfully climbed to the high point of 3465, demonstrating an extremely determined upward momentum and strong market vitality. The rebound space depends on the extent of our downward probe. The early morning rebound deepened the rebound intensity. Pay attention to the gains and losses of this range in the morning. If it continues to rise and effectively stabilizes, it will increase the rebound intensity. Otherwise, today will still be a situation of back and forth oscillation within the range.