Japan confirmed a 25 basis point rate hike, but the market did not fluctuate too much. It seems that the bad news has been digested. From the current structural trend, I think the probability of upward movement is still relatively large. The 4H level correction of the big cake has been completed. Now it has begun to rebound at the 4H level. The upward pressure is still at the position of 106000-107000. Once this key pressure level is broken, there is a chance to go out of the unilateral upward market trend.
Regarding the spot layout, I think we should hold at least 70% to 80% of the spot positions. If the position is lower than this, I think we should increase the position in batches. There are too many positive news in the market now. Since Japan's interest rate hike has not had much impact on the market fluctuations, I think there may be a chance for a "New Year Bull" market. Therefore, those with small spot positions should start increasing their positions in batches!
The Ethereum mainnet upgrade in March has been announced, which is favorable for Ethereum. Additionally, the spot ETF funds have been continuously flowing in, along with the layout of the old Trump Foundation, and various private equity fund companies are also continuously increasing their positions in Ethereum ETFs. Therefore, I believe that the upcoming trend and profitability of Ethereum may be higher than Bitcoin. From the current structural trend, Ethereum is still relatively strong, and there is a big opportunity to reach the range of 3400-3500 today. There is a small level of support at 3250 today, so I still recommend buying in batches around the support level. You can definitely increase your spot positions in the range of 3200-3300 in batches!!!
