Recent market conditions continue to torment traders' patience. The recent fake breakout drama played out again, with false breakthroughs attracting many chasing buyers, only to be slammed down and suffer losses. This rhythm of pulling up and smashing down makes people feel that trading either earns just a little profit or loses all their capital.



Basically, the market makers are cultivating bad habits—only doing box-range tug-of-war. When prices go up, they short; when prices go down, they go long, repeatedly eating profits comfortably, thinking they've found the golden key. But once the price breaks out of this box and trends unilaterally, these traders are completely confused. Ten wins are wiped out by one loss, lacking the mindset of long and short switching, just stubbornly holding on.

Currently, in the market, BTC can be bought in stages at 86200, 85200, and 84000, with a stop loss around 83000; ETH can be gradually bought at 2890, 2805, and 2754, with a stop loss at 2704. The overall Bitcoin range is between 85500 and 90500, while ETH is oscillating between 2830 and 3030. On the resistance side, keep an eye on 88500 and 90500 for Bitcoin, and 3060 and 3158 for ETH.

Intraday, the market remains in a weak rebound and oscillation pattern, overall biased downward, with the trend being very intense. Major players are eager to celebrate the holidays and New Year, so real opportunities will have to wait until after the holiday. Remember to judge the authenticity of breakouts based on volume, and don't let fake moves turn into liquidation.
BTC0,24%
ETH0,39%
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ContractCollectorvip
· 9h ago
It's the same old story again. Those who chase highs and get crushed deserve it. Hurry up and learn to read the trading volume.
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WalletManagervip
· 9h ago
With the market so volatile, it's still best to keep your private keys safe and avoid getting caught in pump and dump schemes. Indeed, repeatedly getting harvested within the box is less effective; holding coins and securing your positions for long-term value investing is the right approach. The current trading volume isn't enough. I checked on-chain data, and the whales are still watching. We'll see after the holiday. I'm also monitoring the 88,500 resistance level. From a risk perspective, it might need to drop another wave before finding a bottom. Don't go all-in on a single contract; consider asset allocation and avoid shorting blindly.
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DegenWhisperervip
· 9h ago
Coming back with this again? I'm really tired of this tempting work. It feels like gambling on a scam to see if it will blow up, and my wallet cries even more loudly.
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