#数字货币市场回升 It's another sleepless night. Since my mind is still running at high speed, I might as well chat with everyone about the recent market data.
$BTC The November monthly line is about to close, and the "market maker" for December is about to be in place—historical experience tells us that the end of the year often hides surprises.
Let's first look at the market data for Bitcoin.
The rebound strength after the pullback has not yet been fully released. Based on the current pattern, it is highly probable that it will rise to 98,000, and even reaching 103,000 would not be considered exaggerated.
However, there is a position that needs to be cautious about—around 103,000 may be a sensitive area for structural switching. Do not stand opposite the bulls and fantasize about a ceiling, nor should you go against the trend and catch falling knives; following the temperament of the candlestick chart is the right path.
The macro environment is also cooperating.
The Federal Reserve's expectation of a rate cut in December has been raised to over 80%; more importantly, the pause button on tapering has officially been pressed at the beginning of the month. What does this mean? Liquidity is set to be loosened again.
Once this batch of incremental funds flows into the crypto market, whether it is mainstream coins or altcoin segments, everyone must be alert to welcome customers.
Speaking of counterfeits.
Mainstream decentralized ETFs have been delayed by regulation before, but this is just a matter of time.
Don't forget one fact: the altcoin sector has been silent for over three years, and now the entire market is still a solo performance by Bitcoin. Once the ETF approval is granted, the energy that has been suppressed for three years may find an outlet in an instant.
The last sentence:
The December window period is indeed worth paying attention to, but don't get too carried away, don't go all in; those who act in accordance with the trend will always live longer than those who gamble with their lives.
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just_another_fish
· 12-02 06:19
Damn, here comes the rhetoric of 103,000 again. The last time I heard this was a few months ago.
View OriginalReply0
GateUser-f0397884
· 11-29 07:53
1000x Vibes 🤑
Reply0
GateUser-f0397884
· 11-29 07:53
1000x Vibes 🤑
Reply0
DecentralizedElder
· 11-29 07:48
What is sleep? It's completely unnecessary. 98,000 is just an appetizer; what really matters is whether 103,000 can break through.
View OriginalReply0
rekt_but_vibing
· 11-29 07:44
On sleepless nights, my mind keeps racing, I totally understand this feeling haha.
View OriginalReply0
LuckyBearDrawer
· 11-29 07:37
What is sleep, can it be eaten? This pace of BTC really can't hold on any longer.
View OriginalReply0
SchroedingerAirdrop
· 11-29 07:24
I couldn't sleep, so I took a look. 98,000 feels a bit optimistic at this point; we still need to see if the macro environment follows up.
View OriginalReply0
OfflineNewbie
· 11-29 07:24
Wow, can 103,000 really be broken? It feels a bit precarious.
#数字货币市场回升 It's another sleepless night. Since my mind is still running at high speed, I might as well chat with everyone about the recent market data.
$BTC The November monthly line is about to close, and the "market maker" for December is about to be in place—historical experience tells us that the end of the year often hides surprises.
Let's first look at the market data for Bitcoin.
The rebound strength after the pullback has not yet been fully released. Based on the current pattern, it is highly probable that it will rise to 98,000, and even reaching 103,000 would not be considered exaggerated.
However, there is a position that needs to be cautious about—around 103,000 may be a sensitive area for structural switching. Do not stand opposite the bulls and fantasize about a ceiling, nor should you go against the trend and catch falling knives; following the temperament of the candlestick chart is the right path.
The macro environment is also cooperating.
The Federal Reserve's expectation of a rate cut in December has been raised to over 80%; more importantly, the pause button on tapering has officially been pressed at the beginning of the month. What does this mean? Liquidity is set to be loosened again.
Once this batch of incremental funds flows into the crypto market, whether it is mainstream coins or altcoin segments, everyone must be alert to welcome customers.
Speaking of counterfeits.
Mainstream decentralized ETFs have been delayed by regulation before, but this is just a matter of time.
Don't forget one fact: the altcoin sector has been silent for over three years, and now the entire market is still a solo performance by Bitcoin. Once the ETF approval is granted, the energy that has been suppressed for three years may find an outlet in an instant.
The last sentence:
The December window period is indeed worth paying attention to, but don't get too carried away, don't go all in; those who act in accordance with the trend will always live longer than those who gamble with their lives.