BTC and ETH are in the oversold zone, RSI is definitely going to recover, market makers will support the market. Even if the bull market ends, the downward channel won't continue all the way down. Liquidity here is not like a shitcoin; it can go all the way in an hour. Technical analysis is not about predicting the exact movement, but about reflecting market maker behavior and liquidity gaps through data. ETH and BTC will experience oscillations with a range of sideways movement. Opening new positions later will be very difficult. Stop-loss and support levels are nonexistent. Follow the trend or hold long positions and watch the monthly cycles of BTC and ETH carefully. The New Year is approaching, brothers, don’t get caught up emotionally. The market is always there, opportunities are always present. Future trades should not have a fixed mindset. The upcoming market will be far more challenging than before, by hundreds of times.

BTC-3.87%
ETH-5.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)