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The overall cryptocurrency market has rebounded slightly, with a neutral and cautious news focus, mainly on institutional forecasts, regulatory progress, and year-end market digestion. Recently, the psychological level of ETH $3000 has successfully rebounded, and the trading volume has moderately increased, indicating that buying is gradually emerging, but it is still suppressed by the downward trend line. The reduction of leverage reduces the risk of liquidation, and whale activity (such as rebounding after large transfers) supports the formation of a bottom. If you hold above $2950 and break through $3050, it can be considered a strong signal; Otherwise, continue to oscillate and explore downwards.
1: Market downturns and selling pressure: Bitcoin has experienced a significant pullback from its peak, with long-term holders (OGs) continuing to sell. Nearly $300 billion of dormant Bitcoin has been re circulated this year. Retail investors suffered losses in the "crypto fever" after Trump took office, and the market went from optimistic at the beginning of the year to sluggish at the end of the year.
2: Regulatory and Policy Dynamics: The US cryptocurrency industry achieves legislative and regulatory victories by 2025, but the Market Structure Act is postponed until 2026. Two party lawmakers have proposed a tax exemption framework for stablecoin trading and staking rewards, which may bring benefits.
3: Positive factors: The recent Fusaka upgrade (activated in early December) has improved Layer-2 efficiency, reduced cost potential, and may pave the way for a rebound in 2026; Some whales and institutions are still accumulating at a low level.
4: Focus on this Friday, the expiration date of futures (the last Friday of each month); Be wary of bear market crashes, and take profits and stop losses with good performance in recent orders; No carrying orders
Focus on core support level: ETH2800; BTC83800;
Target ETH3050 3100 3180; BTC89300 92000 93300 ;
ETH can pay attention to the support level of 2980 2930 within the day; BTC87100, Bullish on dips;
Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact.
Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.