Track real-time hotspots in the crypto circle, seize the best trading opportunities. Today is Wednesday, December 25, 2024! Good morning, crypto friends ☀ Hardcore fan check-in 👍 Like and make a fortune 🍗🍗🌹🌹

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Overnight, the three major indexes collectively rose, with the Nasdaq up 1.35%, returning above 20,000 points; the S&P 500 index rose 1.1%, and the Dow Jones rose 0.91%. Large-cap technology stocks rose across the board. The cryptocurrency market rebounded across the board, and the rotation of the altcoin market sector became apparent. Christmas Eve, a 'Christmas heist'? Maybe the whales and institutions have filtered the chips in your hands, but the uptrend has also come. The long-lost bullish force suddenly launched a fierce attack as the night fell and approached midnight, leaving almost no breathing space for the bears. Bitcoin soared with astonishing trading volume, hitting a high of 99,397 but encountered resistance; Ethereum also refused to back down, surging to a peak of 3,537.
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Bitcoin probed around 93800 several times yesterday, but ultimately failed to fall below this level. After the evening market stabilized, a rapid upward probe directly reached around 99397. From the current trend, after the big cake broke through 99000, the market once again began to stagnate a bit. This is also where the previous resistance is encountered again, near 99500. Let's see if it can break through directly here. Previously, it surged here and then turned down. If it can't break through, we can go with the trend directly. From the hourly chart level, after the market retraced, it rose again. The key is to focus on whether it can break through the previous high levels again. If it does, continue to look for the continuation of the bullish trend. In the morning, focus on being long with short positions as a supplement.
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Ether gradually fell to the bottom line of 3383, and the bullish momentum did not dissipate. Instead, it quickly rebounded after touching the bottom, tested the 3537 line at a high level, and then pulled up again to recover lost ground, stabilizing the situation temporarily. Currently, relying on the middle track to rebound strongly upwards on the 4-hour chart, combined with the large space for bottom rebound already released. If the 4-hour rebound wave form today is a conversion of a pullback wave, that is, exploring high and testing back, then the closing position will determine the continuation of today's strength or weakness. Will it explore high and fall back to close low, or explore high and then sideways to correct and accumulate strength, which will determine the short-term strength and weakness transformation. Currently, the operating range is near the upper track, and there is still a possibility of continued breakthrough on the daily chart, so the operation today should still maintain a bullish mindset.