Recently, the cryptocurrency market has experienced severe volatility, showing clear traces of capital speculation. Bitcoin has repeatedly tested key integer levels, with bottom buying providing some support, but the upward momentum has consistently been insufficient, indicating that market sentiment remains cautious in the short term. Structurally, the price has repeatedly rebounded without breaking past highs, suggesting it remains in a weak oscillation range, with the main players testing the market's absorption capacity.
On the 4-hour level, if Bitcoin can effectively stabilize above the 106000 line, it may retest the upper resistance zone of 107200-109000. If it falls below 104500 again without volume support, the 100000 level will face another test. From market behavior, the sustainability of recent rallies has been poor, primarily luring in buyers while quickly releasing risks after a price increase, so it is advisable not to chase highs but rather to look for buying opportunities near support levels to bet on rebounds.
Regarding Ethereum, it has shown relative resilience against declines. Although it still follows Bitcoin's rhythm, its weekly structure is relatively strong. If it can stabilize above 2520, there is potential for further assaults towards 2700. However, it is important to note that in the context of weak upward momentum, should Bitcoin drop too quickly, ETH will similarly struggle to maintain its position.
The overall differentiation in mainstream coins is intensifying. BNB maintains a high-level consolidation, showing strong resistance, indicating that there is still a willingness to allocate funds towards it. Veteran coins like XRP, SOL, and DOGE have relatively weak performance, with strong correlation and poor independence, essentially following the market passively. In contrast, coins like UNI and AR, which have seen significant declines earlier and currently show signs of capital involvement, are more likely to experience phase-based recovery opportunities.
Overall, although the market is not lacking in positive news stimuli, the true power for sustained upward movement has yet to emerge, leading to more repeated fluctuations and emotional speculation. In the short term, while there are frequent positive developments, the lack of sustained follow-up may reflect the main funds luring in buyers while unloading, rather than marking the start of a new bull market. Everyone needs to be particularly cautious at this stage, reasonably controlling their positions and implementing stop-loss and take-profit strategies to avoid being trapped at high levels.
In 2025, may my brothers' wishes come true, positions multiply, and wealth flow in abundantly!
Yesterday is now behind us; let us greet the present in our best condition, going with the flow as trends quietly take shape.
I will always fight alongside my brothers, never leaving or abandoning them!
I will continue to share my favored spot opportunities and insights, hoping to accompany everyone in forging ahead through the market and achieving a win-win future!
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Investment involves risks, and the above content is a personal sharing, not constituting investment advice!
