Track real-time hot spots in the cryptocurrency circle, seize the best trading opportunities. Today is Sunday, December 15, 2024. I am Wang Yi. Good morning, everyone! ☀ Hardcore fan check-in 👍 thumbs up and make a fortune 🍗🍗🌹🌹

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MicroStrategy, a billion-dollar giant in the cryptocurrency industry, has been included in the Nasdaq 100 Index! It will start trading on December 23rd, and the cryptocurrency market is about to enter a period of accelerated growth! This is just the early stage of Wall Street's entry into Bitcoin. The cryptocurrency market will make a qualitative leap in the next 3-5 years! Without spiritual beliefs, this bull market is basically empty. History will not simply repeat itself, but it will rhyme. The greatest significance of encryption to the world is to reshuffle and reallocate. Please fasten your seat belts and join Yibo on this journey!
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Bitcoin is still consolidating within a range, with the support level on the hourly chart remaining effective. The current price has stabilized around 100,000, and the support level has moved up slightly. The resistance level around 102,500 needs attention. There is no significant news in the market over the weekend, so it is not recommended to chase the rally at high levels. Instead, wait for a pullback. The bullish reasons that were previously unseen have now become reasons, which is a change in sentiment. At this point, it is important to be more rational and not blindly follow the trend, as there is still technical pressure and the upward momentum has weakened. Moreover, a normal structure here also expects a pullback. In recent days, Bitcoin has shown an extremely volatile trend, quickly plunging after surging, stabilizing and then rising steadily. This back-and-forth pattern seems to have become a habit. If you want to take advantage of both long and short positions, and engage in short-term battles, you must act decisively.
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Ether showed a somewhat sluggish performance over the weekend. The upper resistance level to watch is around 3900-3950, while the current support level is around 3800-3820. In the short term, we can see that this is just a corrective phase in the market. However, it's important to note that a change in trend won't happen simply because of a decline or rally. Even a reversal requires a process and cycle to form a bottom. The bullish trend won't change just because of a decline, and the bearish market won't change just because of a rebound. A trend reversal requires both time and momentum. On the 4-hour chart, the price has been hovering above the middle line, and the retracement is within the normal corrective range. It hasn't turned into a bearish trend. Currently, the short-term structure is relatively strong, and there is limited room for a deep retracement. In the future, relying on the middle line for defense, it is still possible to buy on a pullback.
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PEPE is going to do something big - they're about to destroy 900 million tokens, which is big news! Members of the PepeCoin community are extremely excited because this destruction will bring about earth-shattering changes to PEPE. This destruction is equivalent to a huge buff to the value of PEPE. As the number of PEPE tokens in circulation decreases, there may be more people who want to buy in, putting pressure on the price to rise. However, the cryptocurrency market is always unpredictable, so it's important to keep a clear mind and plan your strategy carefully when trading. Let's go