The recent market fluctuations haven't been particularly large in the past few days, but there's no shortage of things to watch. From Christmas Eve to Christmas Day, the market has basically continued its oscillation pattern. Last night, Bitcoin rose above 88,300, then subsequently dropped about 1,300 points, currently in a retracement phase.
Regarding the upcoming trading strategy, the video analysis covers it in more detail. Here, I will add some specific levels for your reference.
Bitcoin's key support is in the 87,700-88,300 range. A break below this might indicate further downside. For Ethereum, the 2950-2980 range is important; whether it holds or breaks downward will be crucial to watch.
As for other small-cap coins, detailed technical analysis will be provided separately later. If you happen to hold any specific tokens, you can also leave a comment in the comment section, and we can discuss together.
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OnchainHolmes
· 16h ago
If 87,700 can't be broken, it will have to keep falling. This volatility is really annoying.
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PumpBeforeRug
· 16h ago
87700 this level really got stuck for a long time, feels like it's about to break...
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Ethereum is really testing patience this time. If I can't hold the 2950 level, I will admit defeat.
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Consolidation and fluctuation are just like this; anyway, I will keep waiting for signals.
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Christmas market is just like this—lukewarm and unexciting, the most annoying.
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What about small coins? When will the brother update the technical analysis?
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This area of Bitcoin is indeed critical; if it breaks, I will need to reassess.
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Before 2980, I don't want to move; just watch quietly.
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ZKSherlock
· 16h ago
actually... these support levels you're citing (87700-88300, 2950-2980) — have you considered the computational overhead of real-time price monitoring versus the actual information theoretic value of these discrete breakpoints? ngl the way most traders treat support/resistance feels more like pattern matching than rigorous cryptographic thinking
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BlockchainFries
· 16h ago
If I can't hold the 87,700 level, I will have to cut my losses. I already don't have much patience.
The recent market fluctuations haven't been particularly large in the past few days, but there's no shortage of things to watch. From Christmas Eve to Christmas Day, the market has basically continued its oscillation pattern. Last night, Bitcoin rose above 88,300, then subsequently dropped about 1,300 points, currently in a retracement phase.
Regarding the upcoming trading strategy, the video analysis covers it in more detail. Here, I will add some specific levels for your reference.
Bitcoin's key support is in the 87,700-88,300 range. A break below this might indicate further downside. For Ethereum, the 2950-2980 range is important; whether it holds or breaks downward will be crucial to watch.
As for other small-cap coins, detailed technical analysis will be provided separately later. If you happen to hold any specific tokens, you can also leave a comment in the comment section, and we can discuss together.