#BTC
《Market Consolidation — Future Trend Analysis》
The entire market has gone through a Black Friday. Compared to those who live through turmoil, we only experienced a temporary shrinkage of our assets. Ultimately, peace will return; assets are like a sponge, they will bounce back, and the chips are actually increasing.
The major cryptocurrency has fluctuated between 106,000 and 103,000, and it's unlikely there will be large fluctuations this weekend. The overall market is lagging due to this adjustment, and without ensuring there are no new developments, being under-invested is the only option.
Ethereum at 3000 has temporarily come to a halt. Opportunities arise from declines, and when the market repairs and breaks through resistance, it will be an opportunity to enter. The trend of Ethereum has started to weaken, with support dropping to around the 2400 level. This overall pullback in altcoins is also due to Ethereum's significant drop pulling them down.
With no market activity, I wish everyone a pleasant weekend. Keep a positive mindset and good attitude to welcome the new week.
