December
Market review, last night's live broadcast was very clear. If you didn't listen, you can listen to the replay. Think about it, free does not necessarily have great value, but it will definitely change your thinking. This round of Ethereum will retrace to the 4000 position. This was the point of view clearly stated in the last live broadcast and was predicted in advance. If you cleared part of your positions at the high point, many people would not panic in this round of retracement, and they all picked up things for free. This round of Ethereum retraced to the lowest point of 3500 US dollars, and it only took three days to return to 3800. The cottage industry was cut in half, and many of them have risen back in this round. Why did it retrace so deeply? In the last round, the 4000 position was at a high selling pressure position, and the retracement caused the cottage industry to fall, retail investors panicked, the liquidity pool withdrew funds, and the dog dealers cleaned up the high leverage. The deeper the market falls, the more violent it will be when it rises. Sell when it rises sharply and make up for it when it falls sharply. Remember these 8 words, this round of Ethereum will go directly to a new high, and many cottage industries will go up 1-2 times Hold on to your chips. You can change positions, but don't get out. The market will be very good in December and January. Hold on firmly.
BTC's recent low point is around 95,000. It returned to above 100,000 US dollars last night and will continue to reach new highs. Microsoft's purchase of Bitcoin is based on the principle of picking them up after the retracement. Of course, we will not say that all Bitcoins have been purchased here. It is just that the funds are dispersed. We can ignore Bitcoin in the short term. After all, the price is high, and there will be no big impact on the overall market without a big retracement.
The overall performance of ETH is at the lowest point of 3500 USD recently. It rebounded by nearly 10 points in three days. The overall altcoin also directly experienced a V-turn. It is clearly stated that this round of market will break through the new high. When it stabilizes at 4000, the overall altcoin will collectively explode. Many altcoins will continue to rise by 1-2 times. Pay attention to the upper pressure level of ETH in the range of 4000-4060 during the day. This position will fluctuate and stabilize, and the market will continue to rise. Pay attention to the key support level below 3800 during the day.
