Today is the Laba Festival, my friends. Happy Laba! Remember to eat eight-treasure porridge; the sense of ritual is still important.
独领风骚必暴富
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Evening has arrived, opportunities are coming soon, everyone remember to seize the chance when it comes! 🧧 It's great if there can be one or two waves of opportunities in a day! Happy Laba Festival! Remember to come to Brother Sao's place to get a rebate and enjoy Laba congee!
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🤯 Bitcoin traders are targeting a price of 138,000 dollars after the Coinbase premium reached a "break-even point
🪙 Bitcoin closed a daily candle above 100,000 dollars for the first time on December 8, but since then, it has only been above the six-figure level for six days.
A daily close above 100,000 dollars will be a crucial turning point, and Posty, a cryptocurrency trader, said that the current price action of BTC reflects its bullish rally from the first quarter of 2021. After considering the laws of diminishing returns over a four-year period, the trader believed that if BTC continued to follow the pattern of its previous cycle, Bitcoin would be valued at around 138,000 dollars in February.
☝️ Meanwhile, Cryptochimpanz, a Bitcoin advocate, believed that the monthly chart of BTC illustrated an "ugly" setup of the previous bullish cycle.
"BTC, unless we break above 99,000 dollars and turn it into support, I think we will see lower prices in January. Pretty simple triggers for me here: break and turn 99,000 dollars into support or test again the 90,000-88,000 dollar zone."
Chip stocks opened sharply higher this week, helping the U.S. stock market largely continue the gains from last weekend. Following record quarterly revenue announced by Taiwan's Foxconn, global semiconductor stocks rose broadly. The Nasdaq led the gains, rising 1.2%, while the S&P 500 increased by 0.6%. The Dow gave back early gains, closing down 26 points, a decrease of 0.1%.
Nvidia's stock price continued its upward trend on Monday, reflecting the strong momentum of AI chip stocks so far this year. According to Dow Jones market data, Nvidia's stock price rose 3.4% on Monday. Although chip stocks lost some momentum at the end of last year, they started strong in 2025, and this week could be bustling for the industry.
The market performance over the past month, along with Monday's trading, highlights the critical role of large tech stocks in supporting the market while other stocks declined. The excellent performance of large tech stocks is also reflected in earnings revisions.
The market continues to see a steady influx of institutional buying power. Institutional participation is just the beginning; Bitcoin at 150,000-180,000, or even higher, is not a dream. Hold on to your chips tightly and don’t let go easily. If under pressure, reduce leverage or even eliminate it. MicroStrategy purchased about 1,070 bitcoins at an average price of approximately $94,000. Other listed companies and large enterprises that mimic MicroStrategy will also buy Bitcoin as reserves, to preserve value and maintain purchasing power. New accounting standards will take effect on 25/12/2024, requiring cryptocurrencies to be measured at their current fair market value and reported directly in the company's net income. Most companies will issue quarterly financial reports; in this case, the value of the company's current cryptocurrency holdings will be updated quarterly. BTC has once again risen above 100,000, showing resilience supported by multiple institutions and forces. In 2025, a new narrative will emerge. The outlook for BTC will become clearer and more optimistic. In January, BTC will be a good entry point, along with altcoins, and one should not hesitate to enter in batches. The last wave of entry opportunities and timing is becoming increasingly scarce. In the first quarter, BTC and ETH will not disappoint those holding onto their coins waiting for an increase. Altcoins will also see another rise and explosion.
2025 is destined to be extraordinary with opportunities and risks coexisting; be prepared to embrace the chaotic mode.
独领风骚必暴富
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When I woke up, Trudeau stepped down. It is said that the next ones are the Eagles and Djokovic! Trump and Musk joined forces to help their partners take office in advance to start a new wave of global reshuffle! The good thing is that they are friendly to the crypto field! In addition: If you haven’t returned the commission yet, try using Brother Sao’s! Don’t miss the return next week! Brother Sao’s 20% discount on handling fees, the latest Binance free registration link: https://www.marketwebb.ac/join?ref=SO0N4UQV (copy the browser to register directly) Brother Sao’s Binance exclusive invitation code: SO0N4UQV If you haven’t entered the exclusive chat room of kol yet, enter quickly: 骚哥专属搞钱搞福利聊天室点此直接进 $ETH
move, clear call for orders, those who followed have made money, right? In a bullish trend, buy on dips. Those who made money should take profits in batches. If you want to adjust the strategy, first sell part of it, and then set a stop loss strategy now. $MOVE #BTC重返10万
🔸 We will gain experiences and learn from them, making changes when necessary. We will also be self-critical to improve ourselves, because personal growth comes first, and only then can we share that valuable learning with others 🔝💪.
🔸 This year will be a new ATH in personal achievements, just like $BTC ,( we will overcome our own barriers ) .
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