1. The current cryptocurrency market and the precious metals market are showing a typical 'ice and fire, two worlds' situation. According to the ATR volatility indicator, the daily volatility of BTC has decreased to around 2%. This volatility level is right at the bull-bear dividing line; typically, during the transition from a bull market to a bear market, there is a decline in market activity and a drop in volatility.
2. In contrast, the precious metals market, particularly silver, has seen a significant increase in volatility. Its current volatility has risen to 5%, indicating that market funds are extremely active.
1. After BTC reached a new high of 94,780, it entered a correction phase and has now found solid support around 90,000. This level is both the EMA20 moving average and a key support/resistance reversal point from a previous prolonged consolidation zone; the next target remains the 100,000 mark. 2. The non-farm payroll data came in below expectations. Tonight's CPI data will be released, and the probability of maintaining interest rates unchanged by month-end is high, suggesting the overall market sentiment will likely remain calm. 3. The precious metals market continues to maintain high热度, while the broader crypto market remains relatively quiet. However, Binance Foundation's recent增持 actions have sparked a localized hotspot in the Chinese MEME sector.
Recently, Zhang Yongping shared his latest investment performance on the Xueqiu platform. The independent account shows a profit of $33 million.
From the disclosed screenshot details, this investment started with $1.8 million worth of Apple stocks purchased in 2011, followed by an additional $650,000 added in 2022. To date, the market value of this holding has grown to $36.3 million, fully demonstrating the investment truth that time proves everything.
1. BTC price dropped 2.5% yesterday, ETH price rose 3.2%, and SOL price dropped 1.8%. 2. Dai's circulating market cap has exceeded $100 million, with a daily volatility of 12.5% yesterday, due to investor attention triggered by announcements regarding the merger with Lido. Curve DAO Token (CRV) also has a circulating market cap exceeding $100 million, with a daily volatility of 11.3% yesterday, due to investor attention triggered by announcements regarding the collaboration with Uniswap V3. 3. High-impact information with significant exposure from Chinese KOLs: The Deputy Governor of the People's Bank of China stated that regulation on digital currencies will be strengthened. High-impact information with significant exposure from English KOLs: The U.S. SEC stated it will review cryptocurrency exchanges. 4. On-chain important... (continued)
1. BTC stabilized after finding support near the $90,000 level yesterday, and the expected rebound target is around $100,000. Once the price rises to this area, short-sellers may regroup and drive a downturn, with this potential window expected in January-February.
2. It should be noted that this is merely a rebound. Current market characteristics show a significant decline in volatility and trading volume, indicating that BTC's capital activity is decreasing.
1. BTC and ETH have both shown continuous net inflows over the past 3 days; yesterday, IBIT recorded a net inflow of $370 million, reaching a new high in the past 3 months. 2. After breaking through the previous high of 94,588, BTC began to retrace, and is now forming a pattern on the daily chart where both highs and lows are gradually rising. 3. During the retracement phase, pay close attention to the support level around 90,100, which is the key position where resistance and support have switched from the previous prolonged narrow-range consolidation period.
1. Over the past week, the cryptocurrency market, including both U.S. stocks and digital currencies, has shown a significant rebound, with BTC reaching a new high not seen in the last six weeks. The upward trend is expected to continue throughout January.
2. Notably, altcoins have performed particularly well during this rebound, especially those in the MEME category, led by PEPE and PENGU, as well as the AI sector.
3. The altcoin index on CMC has increased from a low of 14 to 27, indicating that altcoins are poised to follow BTC's lead and experience a brief surge of excitement. """
1.5 The rebound is ongoing 1. The current market trend shows a rebound rather than a reversal, specifically the rebound triggered by Bitcoin (BTC) dropping from 125,000 to 80,600. 2. This rebound has gone through a relatively long period of consolidation and is expected to have a certain level of sustainability, mainly focused in January. The rebound target for Bitcoin is set above 100,000, and many altcoins are also expected to perform well.
1.3 A Major Rebound is Coming 1. ETH has successfully broken through the midpoint of the 3058 fluctuation range and is firmly positioned above EMA20. Although BTC has not stabilized above 90500, it is also effectively maintaining above EMA20. In addition, the benchmark cryptocurrency platforms Coinbase and Circle in the US stock market are showing an upward trend, so we are optimistic about the rebound in January. 2. Given that BTC.D shows signs of weakening, we expect the rebound of mainstream coins such as ETH and SOL to outperform BTC.
""" 1.1 Monthly Convergence 1. Last month, BTC formed a small doji within a contracting pattern, indicating that after a period of continuous decline, both bulls and bears in the market have temporarily reached a state of balance. The situation of panic selling has decreased, but the enthusiasm of buyers remains low, and the market generally shows a wait-and-see attitude. 2. Currently, the cryptocurrency market seems to be at a standstill, while trading in precious metals appears relatively active. The stock market maintains its usual performance. For real traders, regardless of whether the market is rising or falling, the most concerning situation is the lack of volatility. """
1. Over the past two weeks, Bitcoin (BTC) has been consolidating in a very narrow range between 86500 and 90000, and its volatility (ATR) has also significantly decreased. Long-term low volatility typically signals an impending high-volatility market.
2. We are optimistic about the rebound trend of Bitcoin in January, expecting the rebound target to reach around 100,000. """
""" 12.30 Market Continues to Fluctuate 1. Yesterday, BTC once again created a resistance level, and today’s closing failed to firmly hold above the 89,600 mark, resulting in further oscillation and consolidation. 2. Precious metals experienced a significant downturn yesterday, with gold declining by 4%, silver dropping by 7%, and platinum seeing a notable decrease of 13%. """
""" 12.29 Tomorrow's Close is Crucial 1. Bitcoin (BTC) has been consolidating for five weeks since reaching 80,600. The EMA20 has started to flatten, with the price oscillating around this moving average, indicating that a significant price movement is imminent. 2. The 89,500 level has recently switched roles between support and resistance over the past five weeks. After several upward tests and experiencing low trading volumes during the period surrounding Christmas, there are signs of a potential breakout today. If tomorrow's close can maintain volume and effectively establish above this level, it may initiate a substantial rebound trend. """
1. The precious metals market remains in a robust bull phase, with platinum achieving a historic peak, surging by 7% in a single day, while both silver and palladium also experienced significant increases. 2. Bitcoin (BTC) is currently facing short-term resistance around the 89,500 mark, which serves as a crucial support and resistance flip zone. Over the past 11 days, it has struggled to maintain a position above this level. However, should it successfully break through, we could witness a notable rebound. 3. In light of the ongoing highs in precious metals, along with the S&P reaching new heights and the Nasdaq approaching its own record, we are optimistic about a potential rebound for BTC in January. """
""" 12.25 Merry Christmas 1. Yesterday was Christmas Eve, and the U.S. stock market closed early. The S&P 500 index still set a new historical high, while the Nasdaq index is also approaching its new high point. 2. After a month of consolidation, Bitcoin's 20-day moving average has begun to stabilize, and the short-term holding costs are gradually being adjusted, showing strong rebound potential. I do not believe that Bitcoin will create new lows in the short term, and I expect it to rebound to around $100,000 in January. """