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【Shanzhai Like Passing Flowers, Zeroing Countdown】
Actually, many altcoins nowadays are just pure shell games. I see too many friends losing everything on these concept coins.
The market is like this; illusions will eventually be exposed. The key is to run before everyone wakes up.
Altcoins can be played, but position control is essential. Never go all-in. Take profits when you make money, don’t think about eating the whole fish.
At this stage, besides a few top cryptocurrencies, others are just gambling with luck. Technical analysis is of little use on such purely speculative coins.
Altcoins going to zero is inevitable, but not because retail investors awaken, but because liquidity dries up.
Trading always relies on your own judgment. No matter what others say, you’re the one who loses money.
🔥 Current Market Guide (2025 Passive Income Version)
BTC: Yesterday, the market basically hovered around 90,000, with little volatility over the weekend. If you still have illusions, December 25th, Christmas Eve, might be the last chance to clear your positions!
Some NB: Unexpectedly increased a bit, but unlikely to be sustained. Next year, the market will enter a full bear phase. Around 900,000 is a good position to clear out!
ETH: Fluctuating around 3100, showing weak momentum. 1.05 million Ethereum staked via queues, clear out before Christmas!
Some important news yesterday:
1. Next week’s macro outlook: Non-farm payrolls and CPI double shocks are coming. The “life or death line” for the US dollar has already flashed red?
2. The Bank of Japan’s December 18th rate hike expectation increases by 75 basis points. Bitcoin may fall below 70,000 USD.
3. BitMine has recently bought 14,959 ETH valued at $46 million, holding a total of 3.86 million ETH.
Back to today’s daily BTC technical analysis: Looking at the K-line, the 1-hour and 4-hour charts are sideways waiting for an upward move, the 12-hour chart shows a decline, but the daily chart indicates an upward trend. Intraday resistance is at 93,500 USD, support at 87,000 USD.
Disclaimer: Personal operation diary, not investment advice! This article contains 50% anti-Buff content; if the market hits you, don’t come looking for me #Gate11月透明度报告出炉 $BTC $GT $ETH