Today, the panic index is 23. Although the panic index has been below 30 for the past two months, the data remains relatively optimistic.
First, regarding Ethereum's capital inflow, the past seven days show that the amount of Ethereum held in wallets inflow is about 800,000 more than outflow, which signals a strong bullish position. Next is Bitcoin's K-line trend. Although it is still below the middle band of the Bollinger Bands, it has already broken out of the downtrend and is currently stabilizing. Additionally, the market trend generally touches the upper and lower bands one month after Christmas. Therefore, I believe the upcoming market won't be too bad. Spot holdings can be continued, but do not add positions. If Bitcoin rebounds to 100,000, you can choose to reduce or exit positions, and re-enter when the market restarts. Since my position is heavy, I will just wait for the rebound and stay flat. For futures, mainly go long, with support around 85,000.
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Today, the panic index is 23. Although the panic index has been below 30 for the past two months, the data remains relatively optimistic.
First, regarding Ethereum's capital inflow, the past seven days show that the amount of Ethereum held in wallets inflow is about 800,000 more than outflow, which signals a strong bullish position.
Next is Bitcoin's K-line trend. Although it is still below the middle band of the Bollinger Bands, it has already broken out of the downtrend and is currently stabilizing. Additionally, the market trend generally touches the upper and lower bands one month after Christmas.
Therefore, I believe the upcoming market won't be too bad. Spot holdings can be continued, but do not add positions. If Bitcoin rebounds to 100,000, you can choose to reduce or exit positions, and re-enter when the market restarts. Since my position is heavy, I will just wait for the rebound and stay flat. For futures, mainly go long, with support around 85,000.