Tracking real-time hotspots in the cryptocurrency world and seizing the best trading opportunities, today is Sunday, December 15, 2024, I am Wang Yibo! Good morning to all crypto friends ☀️ Die-hard fans check in 👍 Like to make big money 🍗🍗🌹🌹

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MicroStrategy, a giant in the cryptocurrency world with a market cap of billions, has been selected for the Nasdaq 100 index! Trading will begin on December 23, and the crypto market is about to enter a period of accelerated growth! We are currently in the early stages of Wall Street's entry into Bitcoin, and the cryptocurrency market is expected to experience a qualitative leap in the next 3-5 years! Those without spiritual beliefs will find this bull market essentially empty. History does not simply repeat itself, but it does rhyme. The greatest significance of cryptocurrency for the entire world is reshuffling and redistribution. Please fasten your seatbelts and let’s get started with Yibo!

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Bitcoin is still consolidating within a range, with the hourly support level remaining effective. The current price has stabilized around 100,000, and the support level has moved up. The upper resistance level to watch is around 102,500. As we reach the weekend, there are no particularly significant news in the market, so it is not advisable to chase prices at high levels; instead, wait for a pullback. After the price rises, the bullish reasons you couldn't find before have now become reasons, which is a change in sentiment. At this moment, it is essential to respond more rationally and remember not to blindly follow the trend. After all, technical pressure still exists, and the momentum for further increases has already weakened. Additionally, a normal structure here also has an expectation of a pullback. In recent days, Bitcoin has shown an extremely strong competitive trend, surging quickly after a drop, and steadily rising again after a dip. This back-and-forth seems to have become a routine. If you want to trade back and forth, you must act decisively.

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Ethereum has also shown weakness over the weekend. The upper resistance can be initially focused on 3900-3950, while the lower support can currently be seen at 3800-3820. In the short term, we can see that this phase is merely a market correction. However, be aware that a trend change will not occur simply due to a drop or a surge; even if a trend reversal happens, it requires a process and a cycle to construct a bottom. A bullish trend will not change due to a single drop, and similarly, a bearish market will not change due to a single rebound. The turning point of a trend must combine time and strength. The price has been operating above the middle track on the four-hour level, and the pullback space is also a normal correction area, not turning into a weak downward trend. Currently, the short-term structure shows strength, and the space for a deep pullback is limited. Moving forward, relying on the middle track for defense, it is still possible to buy on the pullback.

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PEPE is about to do something big; they are going to burn 900 million tokens, which is big news! Members of the PepeCoin community are extremely excited because this burn will bring tremendous changes to PEPE, essentially giving PEPE's value a significant buff. As the circulating supply of PEPE decreases, more people may want to buy in, creating upward pressure on the price. However, the cryptocurrency market is always unpredictable, so it is essential to maintain a clear mind and plan your strategy well.

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In this market, it ultimately comes down to ability. If your ability is insufficient, the market will eventually make you pay it back one day. Therefore, when your wealth exceeds your ability, you need to control your drawdown. Although this control may be in vain, that kind of arrogance and hubris from profits will ultimately destroy a person's rationality. However, we do not need to worry about our wealth being lower than our ability in the capital market because this kind of imbalance will eventually be corrected by time. If it has not been corrected, there is only one reason: your ability is insufficient. If you are still in a state of confusion, not understanding technology, unable to read the market, not knowing when to enter, unable to set stop losses, not knowing when to take profits, randomly increasing positions, getting stuck at the bottom, unable to hold onto profits during volatility, and missing out when the market moves, these are common problems among retail investors. But it’s okay; come to me, and I will guide you to think correctly about trading. A single profitable trade is worth a thousand words; rather than repeatedly losing, come find Yibo! Frequent operations are not as good as precise trades; let each trade be valuable. What you need to do is find Yibo, and what we need to do is prove that our words are not empty. 24-hour real-time guidance, as market fluctuations are relatively fast, due to the effectiveness of review, for subsequent market trends, real-time arrangements will be the main focus. Friends who need contract guidance can scan the QR code at the bottom of the article to add my public account.

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