Phyrex|12月 22, 2025 21:02
I have truly discovered that the curse of BTC at $90000 has not been eliminated yet. Bitcoin has been trying or breaking through $90000 six times in a row for 8 days, and then being smashed back. However, I still believe that as long as the US stock market can maintain its upward trend in the upcoming Christmas market this week, BTC will not be too bad.
Today, both the US stock market and BTC rose well before the opening, and Asian investors' emotions were stable and buying was considered positive. However, within half an hour after the US stock market opened, it began to decline, and there was still no obvious bearish trend. Technology stocks experienced a small peak at the opening, and the current decline is mainly due to investors' pessimistic expectations for the future.
Wednesday is Christmas Eve, Thursday is Christmas Day, and the next week we'll see you again in 2025. Looking back, although the progress of 2024 is different, there are also pessimistic expectations during the Christmas period. However, 2025 has still set new historical highs multiple times, and I hope there will be opportunities in 2026 as well.
Looking back at the data of Bitcoin, the turnover rate continued to increase on Monday, but mainly due to short-term profit making investors selling. On the contrary, the emotions of loss making investors were relatively stable, and there were no signs of large-scale selling. It is now very obvious that high loss making investors have almost entered a watching mode, indicating that a large number of holders are still optimistic about the long-term future of BTC.
But the attitude of short-term investors is still mainly pessimistic, and they believe that the current price is not the bottom of the market, so their interest in actively buying in large quantities is very low. Let's wait until 2025 to see.
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