2025-12-26 19:21:10

Recent cryptocurrency market news has been quite active. The Bitcoin payment system in Lugano, Switzerland, has officially launched, allowing local residents to pay taxes with cryptocurrencies, marking a new development in the integration of traditional finance systems and digital assets. Additionally, the market is also paying attention to the Bank of Japan's interest rate hike expectations, with potential moves anticipated in July and December next year.

Regarding the current Bitcoin and Ethereum market conditions, there has been an interesting feedback recently. Some traders have stated that within less than a month, a principal of $1,400 turned into a profit of $17,000, mainly by strictly following technical support and resistance levels. This demonstrates that as long as the methodology is correct, market analysis can indeed guide profitable real trading.

With the Christmas holiday, the US stock market is closed, and market liquidity has significantly decreased. Over the past two days, Bitcoin's price has been mostly range-bound within the established zone, presenting both long and short opportunities, but patience is key. Avoid blindly chasing highs or selling lows, as that only leads to being swept out of the market. Instead, during such oscillations, taking quick profits on small gains and honing your technical skills is advisable. When a real trend emerges, you'll be able to stay calm and hold your positions.

After a day and a half of closure, the US stock market reopened in the evening, with the three major indices showing mixed performance. The Nasdaq rose 0.13%, the Dow fell 0.03%, and the S&P 500 increased by 0.03%. Bitcoin also responded accordingly in the early trading session. In the short term, this low-volatility pattern may continue, so traders should adjust their mindset and avoid unnecessary operations during consolidation periods.

BTC-1,67%

ETH-1,39%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
5
Repost
Share

Comment

0/400

BrokenDAO

· 9h ago

Lugano's story sounds quite beautiful, but what is the actual mechanism design that makes the tax system accept crypto payments? Once more participants are involved, how to maintain incentives? This is another new centralized trap. The story from 1400 to 17000... Someone always talks about it, but that's survivor bias. Methodology being on the right track is a necessary condition, not a sufficient one. The biggest fear in game theory equilibrium is information asymmetry. A decrease in liquidity is actually a good thing, as it reduces the number of retail investors swept out of the market, but the problem is that most people simply can't develop real skills and will only deceive themselves during volatility.

View OriginalReply0

AmateurDAOWatcher

· 9h ago

Lugano Payment System Launches, Traditional Finance Finally Embraces Crypto — This Is the Future of Bitcoin 1400 to 17000? That guy must really understand the technicals, not just luck Sideways trading is a test of patience; most people will be swept out Low volatility continues to churn; honing skills steadily is much better than chasing highs The Bank of Japan plans to act next year, will have to keep an eye on the exchange rate

View OriginalReply0

WenAirdrop

· 9h ago

Lugano is really doing it? Taxes can now be paid with crypto, traditional finance will have to bow down now 1400 to 17000? Easy to say, 99% of people can't hold onto the technical aspects Sideways trading is just a shakeout, only those with patience can survive to the next wave The US stock market's fluctuations can't really move Bitcoin, keep waiting and see Wait, the Bank of Japan is going to raise interest rates? How long can this rally last? Chasing highs and selling lows is easy to say, but when it comes to actual trading, who wouldn't panic The Christmas market closure might actually be an opportunity, low liquidity tests who has a steady mindset Supporting payments is still far from real application, too many projects just shouting slogans

View OriginalReply0

DegenWhisperer

· 9h ago

Lugano is really starting to play, and traditional finance seems to be genuinely panicking this time. 1400 to 17000? That's a joke, unless this guy really understands the support and resistance levels, otherwise it's just pure luck. Consolidation is the most annoying, it tests your mentality. Many people get impatient and give up. The fluctuations in the US stock market are so small that they can't really drive any trend. Just continue to lie flat. It's still early to talk about Japan's rate hike next year. Let's see the end-of-year rhythm first. I really can't help but chase highs; every time I get my hopes up, I get disappointed. It's basically waiting for that key breakout moment; other times are just side shows. What Lugano is really building is something more valuable than hype. The technical analysis is basically a game of probabilities. The more people making money, the more people losing money. In this current consolidation, taking a small profit and then running is easy to say but extremely hard to do. With such poor liquidity, how can big players build positions? That's what makes it interesting.

View OriginalReply0

ResearchChadButBroke

· 9h ago

Is Switzerland now able to pay taxes with cryptocurrency? Awesome, traditional finance is really starting to bow and scrape. $1,400 turned into $17,000? Just hearing this story makes you wonder how true it is, with some uncertainty. Sideways trading is the most annoying; just waiting for one side to break out. What's the point of paying attention to the ups and downs of the US stock market? Believing in Bitcoin is the real key. Lugano's case is indeed symbolic, but whether it truly materializes depends on how many people will actually use it later. Support and resistance levels are both valid; it all depends on whether you can really hold on without acting. This wave of the market is so slow that it's painful; better to wait until a wave comes before jumping in. Those who make money are always the minority; the rest are just along for the ride.

View OriginalReply0