Track real-time hotspots in the cryptocurrency market, seize the best trading opportunities. Today is Sunday, December 15, 2024. Good morning, friends in the cryptocurrency community ☀ Hardcore fan check-in👍 Like and make a fortune 🍗🍗🌹🌹

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Crypto giant MicroStrategy with a market cap of billions has been selected into the Nasdaq 100 index! Trading will begin on December 23rd, and the crypto market is about to enter a period of accelerated growth! This is just the early stage of Wall Street's entry into Bitcoin, and the crypto industry will make a qualitative leap in the next 3-5 years! This bull market will be basically empty for those who do not have spiritual beliefs. History will not simply repeat itself, but it will rhyme. The biggest significance of crypto to the world is to reshuffle and redistribute. Please fasten your seat belts and get ready to ride with Yibo!
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Bitcoin is still consolidating in a range, with the support level on the hourly chart remaining effective, and the current price has stabilized around 100,000, with the support level moving up slightly. The resistance level above needs to be watched around 102,500. There is no special news in the market on the weekend, so in terms of operations, it is not advisable to chase high positions, but to wait for a pullback first. After the price rises, the reasons you couldn't find before have now become reasons, which is a kind of emotional change. In fact, you should be more rational at this time, remember not to blindly follow the trend, after all, there is still technical pressure, and the momentum of the rise has weakened, and there is also an expectation of a pullback in the normal structure here. In the past few days, Bitcoin has shown an extremely volatile trend, rapidly plunging after surging, steadily rising after plunging, and this back and forth seems to have become a routine. If you want to trade long and short, and engage in short-term speculation, you must act decisively.
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Ether was relatively weak during the weekend, and the upper resistance should first focus on 3900-3950, while the current support below can be seen around 3800-3820. We can see from the small cycle that this stage is only a market correction phase, but it should be noted that the change in trend will never be achieved by a single decline or rise. Even the reversal requires a process and cycle to construct the bottom. The bullish trend will not change due to a single decline, and the bearish trend will not change due to a rebound. The reversal of the trend must be a combination of time and strength. The price of the coin has been running around the middle rail on the four-hour level, and the space for retracement is also a normal correction area, which has not turned into a weak downward trend. Currently, the short-term structure is relatively strong, and the space for deep retracement is limited. It can still be bought on dips relying on defense from the middle rail in the future.
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PEPE is about to do something big, they are about to destroy 9 billion tokens, this is big news! The community members of PepeCoin are extremely excited, because this destruction will bring about earth-shaking changes to PEPE, this destruction is equivalent to a huge buff to the value of PEPE. With the reduction of PEPE's token circulation, more people may want to buy in, which will put upward pressure on the price. However, the cryptocurrency market is always unpredictable, so it is important to keep a clear mind when trading and to plan your strategy well.