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Tuesday, December 30th, BTC/ETH Sharing Session at Noon
This market is indeed exhausting, oscillating back and forth, shaking out traders, making everyone feel uncomfortable! It's impossible to confidently hold positions, as a slight shift in perspective gets pushed back. Ultimately, it's because the market lacks funds and liquidity is poor—if they want to push prices up, institutions are always selling; if they want to push prices down, there’s strong support below. Bitcoin has been trading in a narrow range for nearly two months, with prices tightening more and more, and a breakout should be near. Currently, ETH and SOL are also following Bitcoin’s movements, with volatility being completely driven by the trend. So, it’s better to focus on short-term trades now—buying and selling quickly. Holding a long-term view for too long can lead to more damage.
The hourly MACD indicator is showing a golden cross above the zero line, with the green bars slightly increasing, while RSI is gradually rising from the mid-50s to around 55, reflecting a gradual return of bullish sentiment. If the price can stabilize above 87,500, it may attract a new round of buying interest. In the short term, the upward target can focus on the 88,000 to 88,500 range.
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