Track real-time hot topics in the cryptocurrency circle and seize the best trading opportunities. Today is Wednesday, January 1, 2025. Good morning to all coin friends☀️ Hardcore fan check-in👍, like and make a fortune 🍗🍗🌹🌹
💎 💎 The overnight U.S. stocks opened high and fell, with all three major indexes closing down. The Nasdaq fell by 0.9%, with a cumulative increase of over 28% in 2024; the S&P 500 fell by 0.43%, with a cumulative increase of over 23% in 2024; the Dow fell by 0.07%, with a cumulative increase of nearly 13% in 2024. In the final moments of 2024, Bitcoin surged to $96,200, but still failed to stabilize! The eventful year of 2024 has passed, waving goodbye to 24 and welcoming the new 25. Bitcoin has risen from 37,000 to 108,000. Isn't this still the year of the bull? In 2025, it may be a new round of a super bull market, or it may be a slump after the bull market. But it doesn't matter, as long as you hold spot positions and are willing to wait, the future will tell us the answer. I believe 2025 will be better. 💎 💎 Bitcoin also experienced a rise and fall in yesterday's trend. After a morning dip, it stretched in the evening, with pressure returning to the 93100 level after reaching the 96269 area. Currently back to the 93600 level, there are more reversals in the trend, with not much continuation. However, there are still limitations in the rebound process, and the overall market trend is weak. From the perspective of the daily chart, the market still belongs to a weak trend in the short term, with continued oscillations and downward movements. Similarly, the rebound action on the 4-hour chart did not continue, as the price rebounded to the upper range and then fell back under pressure. With the arrival of New Year's Day, the US stock market is closed again today. I believe friends in the crypto circle are aware that the closure of the US stock market means that there won't be significant movements in the crypto market. Therefore, there is no need for a big picture in intraday operations, focusing more on short-term trading. 💎 💎 Ethereum has gone through a similar trend. It followed the US stock market to open high in the evening and reached a high point of 3450. After that, it came under pressure and fell continuously. Finally, it bottomed out at the 3326 support level. According to the current market situation, the K-line pattern fluctuates up and down in the range of 3300 to 3450, forming a pattern of shock consolidation. There are strong selling pressure and support in the current market, and both long and short sides are fiercely competing in this range. From the perspective of technical indicators, the MACD trend is gradually shortening, which may indicate that the bearish power is gradually weakening. At the same time, there are signs of a short-term bullish trend, and the market may usher in a short-term bullish trend. The layout still relies on the bottom support of the box to go long and observe the breakthrough of the upper pressure zone. 💎 💎 Elon Musk has started to show his love for Pepe again. Is this a sign that he will hype up Pepe in 2025 or is he going to cut the leeks? Let's wait and see: Musk changed his name to 'Kekius Maximus' and used Pepe as his avatar. The tech tycoon (or one of the hidden giants in the crypto world?) is depicted in the new display picture as 'Pepe the Frog' wearing golden armor and holding a video game controller. This image has been popular online for many years and has been used in various humorous and satirical posts. The first wave of the 2025 market comes from the old horse's change of online name and avatar, which is a normal thing for ordinary people, but with the scent of money all around him. It sounds absurd, but it really can make money. Whether it sounds absurd or not, let's keep an eye on it. Our position and holding expectations have been given, so let's hold on to the coins!
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Track real-time hot topics in the cryptocurrency circle and seize the best trading opportunities. Today is Wednesday, January 1, 2025. Good morning to all coin friends☀️ Hardcore fan check-in👍, like and make a fortune 🍗🍗🌹🌹
💎
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The overnight U.S. stocks opened high and fell, with all three major indexes closing down. The Nasdaq fell by 0.9%, with a cumulative increase of over 28% in 2024; the S&P 500 fell by 0.43%, with a cumulative increase of over 23% in 2024; the Dow fell by 0.07%, with a cumulative increase of nearly 13% in 2024. In the final moments of 2024, Bitcoin surged to $96,200, but still failed to stabilize! The eventful year of 2024 has passed, waving goodbye to 24 and welcoming the new 25. Bitcoin has risen from 37,000 to 108,000. Isn't this still the year of the bull? In 2025, it may be a new round of a super bull market, or it may be a slump after the bull market. But it doesn't matter, as long as you hold spot positions and are willing to wait, the future will tell us the answer. I believe 2025 will be better.
💎
💎
Bitcoin also experienced a rise and fall in yesterday's trend. After a morning dip, it stretched in the evening, with pressure returning to the 93100 level after reaching the 96269 area. Currently back to the 93600 level, there are more reversals in the trend, with not much continuation. However, there are still limitations in the rebound process, and the overall market trend is weak. From the perspective of the daily chart, the market still belongs to a weak trend in the short term, with continued oscillations and downward movements. Similarly, the rebound action on the 4-hour chart did not continue, as the price rebounded to the upper range and then fell back under pressure. With the arrival of New Year's Day, the US stock market is closed again today. I believe friends in the crypto circle are aware that the closure of the US stock market means that there won't be significant movements in the crypto market. Therefore, there is no need for a big picture in intraday operations, focusing more on short-term trading.
💎
💎
Ethereum has gone through a similar trend. It followed the US stock market to open high in the evening and reached a high point of 3450. After that, it came under pressure and fell continuously. Finally, it bottomed out at the 3326 support level. According to the current market situation, the K-line pattern fluctuates up and down in the range of 3300 to 3450, forming a pattern of shock consolidation. There are strong selling pressure and support in the current market, and both long and short sides are fiercely competing in this range. From the perspective of technical indicators, the MACD trend is gradually shortening, which may indicate that the bearish power is gradually weakening. At the same time, there are signs of a short-term bullish trend, and the market may usher in a short-term bullish trend. The layout still relies on the bottom support of the box to go long and observe the breakthrough of the upper pressure zone.
💎
💎
Elon Musk has started to show his love for Pepe again. Is this a sign that he will hype up Pepe in 2025 or is he going to cut the leeks? Let's wait and see: Musk changed his name to 'Kekius Maximus' and used Pepe as his avatar. The tech tycoon (or one of the hidden giants in the crypto world?) is depicted in the new display picture as 'Pepe the Frog' wearing golden armor and holding a video game controller. This image has been popular online for many years and has been used in various humorous and satirical posts. The first wave of the 2025 market comes from the old horse's change of online name and avatar, which is a normal thing for ordinary people, but with the scent of money all around him. It sounds absurd, but it really can make money. Whether it sounds absurd or not, let's keep an eye on it. Our position and holding expectations have been given, so let's hold on to the coins!