The US stock market should open today at #本周微策略是否继续增持BTC? . From yesterday to today, the trading volume has clearly dropped significantly compared to the previous day, with a constant tug-of-war between bulls and bears. The FOMO sentiment from the rise on the 24th is once again evident for those who missed the opportunity. It is quite scary that tonight's opening of the US stock market will basically determine the direction of this wave: will it continue to pull back and test the resistance level downwards? Or will it break through and stand above 10.25? It is worth noting that Christmas has already passed; will ETFs continue to accumulate or will they flow out? Tonight should bring clarity. The market conditions will also reveal some hints. There are not many intraday trading opportunities, and the index has tried multiple times to break through 99500 but has not succeeded in holding above it. There are still quite a few short positions at 99500. The bullish momentum on the four-hour chart is gradually declining, but it has not ended; this stage is not suitable for entering long-term short positions. Those who were called to enter short positions at the plaza should manage their risk well; if the bullish volume continues to increase tonight, you may get liquidated. Conversely, if you can exit, don't aim too high. (This refers to those who entered short at 96000.) Now let's talk about altcoins: it can be seen that the previously weak altcoins tested their resistance levels on the 20th and 22nd, and they are currently holding steady, such as SOL, SSV, and DOT. However, for the coins that did not hit their previous lows during the second dip on the 22nd, their performance has been relatively weak over the past two days, such as ACT, DOGE, NEIRO, and ENA. At this stage, if you want to bottom fish altcoins for a swing trade, you should look for strong coins. To find them, just check the RSI on the one-hour or 15-minute chart to see who is overbought during the pullbacks. That's all for today. The levels remain unchanged: SOL at 175 for the first layer of positions, and 165-155 for additional purchases. DOGE and NEIRO remain unchanged. ACT is almost at the target, you can enter around 0.25, aiming for 0.5, which is double. All the above levels are for spot trading. The above content is personal analysis.
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