Tracking real-time hot topics in the cryptocurrency circle, seizing the best trading opportunities. Today is Wednesday, December 25, 2024. I am Wang Yi Bo! Good morning, everyone ☀ Hardcore fan check-in 👍 Like and make a fortune 🍗🍗🌹🌹

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The three major indices closed collectively higher overnight, with the Nasdaq up 1.35%, returning above 20,000 points; the S&P 500 index up 1.1%, and the Dow up 0.91%. Large technology stocks rose across the board. The cryptocurrency market rebounded across the board, and the rotation of the altcoin market sector became apparent. Maybe the whales and institutions filtered out the chips in your hands on Christmas Eve, but the bull market also came. The long-lost bullish force suddenly launched a fierce attack as the night fell until midnight, almost leaving no breathing space for the bears. Bitcoin soared with stunning trading volume, hitting a high of 99397 and encountering resistance; Ethereum also showed no weakness, rising straight to the peak of 3537 before stopping.



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Bitcoin tested around 93800 several times yesterday, but failed to break through. After stabilizing in the evening, a wave of acceleration pushed it up to around 99397. From the current trend, after breaking through 99000, the market has started to stagnate again. This is also where the previous resistance was touched. Near 99500, let's see if it can directly break through. Previously, it surged to this level and then turned downwards. If it cannot break through, we can go with the trend. From the hourly chart, after the market pulled back and rose again, the key is to focus on whether it can break through the previous high. If it does, we can continue to go long, and take a low-long and high-short strategy in the morning.




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Ether gradually fell to the bottom line of 3383, and the bullish momentum did not dissipate. Instead, it quickly launched a bottoming rebound, testing the 3537 line at the high level, and then rose again to regain lost ground, stabilizing the situation temporarily. Currently, relying on the middle rail to form a strong rebound on the 4-hour chart, combined with the large space for bottom rebound released, if the 4-hour rebound wave is formed, there will be a conversion of the wave of the pullback today, that is, the high-touch back-testing method. The closing position determines the strength and continuation of today, whether it is to explore high and fall back to close low, or explore high and then horizontally consolidate, correct and accumulate energy to determine the short-term strength and weakness transformation. The current operating range is near the upper rail, and the daily chart still has the possibility of continuous breakthrough, so the operation today should still maintain a bullish thinking.