Wall Street Community Live Streaming: Breakthrough is imminent, or upward pressure? Follow the live stream to bring you in

Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 The overall volatility of the cryptocurrency market is significant, with the price of Bitcoin (BTC) hovering around $88000, down about 30% from its historical high of $126000 in October, and showing weak performance throughout the year. The market sentiment is cautious, mainly influenced by the selling of long-term holders, outflow of ETF funds, and low year-end liquidity. 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 will achieve legislative and regulatory victories by 2025 (such as Trump's pro cryptocurrency policies), but the market structure bill will be postponed until 2026. Two party lawmakers have proposed a tax exemption framework for stablecoin trading and staking rewards, which may bring benefits. 3: The current price of Ethereum (ETH) is fluctuating in the range of $2970- $2990, with slight fluctuations over 24 hours (around+0.5%), but overall it is in a pullback channel with a decline of about 40% from the historical high of $4950+in August. The overall market sentiment tends towards extreme fear. 4: Price behavior: Recently, multiple tests of the $3000 psychological level have failed, forming a downward trend line resistance. The trading volume increases during a decline, indicating selling pressure, but buying at the low point gradually appears (whale accumulation). If it can hold above $2900 and break through $3050, it can be seen as a short-term strong signal; Otherwise, continue to oscillate or explore for support. Focus on core support level: ETH2800 BTC83800 Focus on core pressure level: ETH3050 BTC9050 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.