The probes before the holiday failed to effectively move downward, and the upward probes after the holiday also failed to stabilize. From this perspective, the market is still in a state of oscillation. The most important thing at this stage is not to blindly chase gains or losses, but to act only near strong resistance and support levels. Stay disciplined and avoid making reckless moves elsewhere.
By the end of the year, no one should expect a sudden surge or plunge. Instead of frequent trading, it’s better to be cautious, focus on defense, and temporarily refrain from adding positions.
Specifically regarding BTC’s performance, Bitcoin has been stuck at the 9050 resistance level for at least 10 days, unable to break through effectively. Shorting near this level is a good attempt; even if you make a mistake, you should try. Looking downward, the 8650 level is an important support line. As long as it doesn’t break within three days, it’s also reasonable to position long near this area. For intermediate price levels, I’m currently not considering them much; maybe I’m a bit hesitant…
Ethereum’s movement is somewhat unpredictable. The key level of 2900 has been broken and recovered multiple times. Is this genuine strength or just bluffing? It’s hard to tell for now. The area around 305-306 above has been attempted to break through since Monday, but even today, Friday, it hasn’t succeeded. Since a breakout seems unlikely, look for suitable positions to short; there’s no other way.
Final words: Short when it’s time to short, long when it’s time to go long. Don’t get too ambitious. At this year-end stage, the focus is on preserving strength, saving bullets for next year, because next year will be the real time to go all out!
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FantasyGuardian
· 12-26 12:20
At the end of the year, it's all about cautious defense. Don't compete with Bitcoin. Being stuck at 9050 for so many days—what does that mean? It just shows there's no strength to push higher. Trying short positions isn't a bad idea.
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GateUser-6bc33122
· 12-26 10:57
Just be cowardly if you want, anyway, not messing around at the end of the year is also capital preservation, and we'll see next year.
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ResearchChadButBroke
· 12-26 10:57
At the end of the year, this wave is indeed repeatedly messing around. Bitcoin is stuck at 9050 and can't move, which is a bit annoying.
ETH is even more confusing. It broke 2900 and then recovered. It's hard to tell if it's strong or weak. It feels like we just have to wait and short.
Honestly, it's better to hold back and not operate frequently. Next year is the real battleground. Just stay honest and hold on for now.
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TokenDustCollector
· 12-26 10:53
At the end of the year, it's all about cautious defense. Don't think about getting rich overnight; you need to set your mindset straight.
Bitcoin has been stuck at 9050 for so long; it's indeed time to try shorting. Just hold the 8650 support.
Ethereum's recent move is a bit weak. If it can't break above 305-306, forget about it. Wait until next year to continue.
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SignatureAnxiety
· 12-26 10:47
End of the year is the time for cautious defense, don't follow the trend and move recklessly
This wave is really unpredictable, wait for the signal before acting
Bitcoin has been stuck around 9050 for so long, trying short positions isn't a bad idea
Next year is the real opportunity, for now just save some bullets
Ethereum's current movement is driving me crazy, constantly testing 2900 back and forth, I'm really tired of it
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ChainBrain
· 12-26 10:47
End of the year, still hoping for a surge? Wake up, everyone.
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9050 is indeed frustrating after such a long time, but I still think there's no real opportunity in the middle range.
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I love hearing about sneaky defense; saving money is the real principle.
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Looking at Ethereum's shaky appearance, it just makes people anxious.
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Save your bullets for next year; that's the smart move.
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Try shorting at 305-306? I think it's worth a gamble.
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If the 8650 line holds, don't mess around anymore.
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Having too big a pattern means losing money; no greed at the end of the year.
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This wave of volatility really makes it hard to see the direction; might as well just lie low.
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If Bitcoin can't break through, look downward; the logic checks out.
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Instead of reckless operations, it's better to be honest and stay flat, really.
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CryptoGoldmine
· 12-26 10:38
From the perspective of hash rate profit ratio, the current volatility is indeed a good time to accumulate chips. However, frequent operations actually lower ROI, and my average daily mining income data over the past 30 days also confirms this — steady and consistent progress is the right way.
The end-of-year pattern still needs to be consolidated; don't think about a big turnaround. Such a mindset is most likely to lead to liquidation in a bear market.
The fact that Bitcoin has been at 9050 for so long indicates that this resistance level is indeed significant. Next, observe how strong the support at 8650 is, as this is the key reference for difficulty adjustment.
Ethereum is indeed more bluffing, and during the technological iteration period, caution is even more necessary. Save your bullets for real opportunities; next year will be the true window for strategic positioning.
The probes before the holiday failed to effectively move downward, and the upward probes after the holiday also failed to stabilize. From this perspective, the market is still in a state of oscillation. The most important thing at this stage is not to blindly chase gains or losses, but to act only near strong resistance and support levels. Stay disciplined and avoid making reckless moves elsewhere.
By the end of the year, no one should expect a sudden surge or plunge. Instead of frequent trading, it’s better to be cautious, focus on defense, and temporarily refrain from adding positions.
Specifically regarding BTC’s performance, Bitcoin has been stuck at the 9050 resistance level for at least 10 days, unable to break through effectively. Shorting near this level is a good attempt; even if you make a mistake, you should try. Looking downward, the 8650 level is an important support line. As long as it doesn’t break within three days, it’s also reasonable to position long near this area. For intermediate price levels, I’m currently not considering them much; maybe I’m a bit hesitant…
Ethereum’s movement is somewhat unpredictable. The key level of 2900 has been broken and recovered multiple times. Is this genuine strength or just bluffing? It’s hard to tell for now. The area around 305-306 above has been attempted to break through since Monday, but even today, Friday, it hasn’t succeeded. Since a breakout seems unlikely, look for suitable positions to short; there’s no other way.
Final words: Short when it’s time to short, long when it’s time to go long. Don’t get too ambitious. At this year-end stage, the focus is on preserving strength, saving bullets for next year, because next year will be the real time to go all out!