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US stocks rose at the beginning of trading and fell at the end of the session, with all three major stocks collectively declining. The Nasdaq fell by 0.9%, with cumulative increase of 28% in 2024; the S&P 500 fell by 0.43%, with cumulative increase of 23% in 2024; the Dow Jones fell by 0.07%, with a cumulative increase of about 13% in 2024. At the last moment of 2024, the price of Bitcoin reached $96,200, but it has not stabilized yet! We bid farewell to the challenging year of 2024 and welcome the new year of 2025. Isn't this the year of revolution? In 2025, there may be a new revolutionary market or a recession period after the bull market - but it doesn't matter, as long as you have real assets in your hands and as long as you want to wait, time will tell us the answer in the future. I believe that 2025 will be better.
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Yesterday, the movement of Bitcoin price was initially muted, then rose in the evening after the initial morning drop. After reaching the 96269 area in the hills, it fell to the 93100 level. Currently, it has returned to the 93600 level. There are many reversals in direction, and there is no significant continuity. However, there are still restrictions during the rebound process, and there are weak overall trends in the market. From a general perspective of the daily chart, the market is still weak in the short term, moving erratically and downward. Also, the correction did not continue during the rebound period on the four-hour period, and after the currency price rebounded to the upper edge area, it was pressured again. As New Year's Day approaches, the US stock market will once again stop trading. We believe that friends in the cryptocurrency market know this. The suspension of the US stock market means that the market in the cryptocurrency market will not be very large, so there is no need for a lot of daily trading strategies, and it is better to rely on short-term trading.
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Ethereum saw a similar development, where it rebounded in the evening after the rise of US stocks, reaching its peak at the 3450 level, and continuously declined in prices, ultimately stopping at the 3326 level. Currently, the candlestick pattern indicates price oscillation between the 3300 and 3450 levels, forming a pattern of current market oscillation and halt containing strong selling pressure and support strength. We may witness a fierce struggle between buyers and sellers in this range. Through technical analysis, the MACD suggests a gradual decline, indicating a weakening of the sellers' strength. At the same time, there are signs of a short-term bullish trend recovery, and the market may experience a short-term volatility in the bullish direction. The strategy relies on the support of the fund's bottom to enter the buying and monitor the break of the upper resistance area.
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Marcus has started to benefit from Baby again. Should we wait until 2025 to inflate Baby and make money from it, let's see: Marcus changes his name to 'Kikyos Maximus' and uses Baby as his profile picture. This frog image has been famous on the internet for years and has been used in various posts symbolizing humor and mockery. The first market launch for 2025 comes from changing Mr. Musk's name and changing his personal image, something ordinary for ordinary people, but when it happens to him, the smell of money is everywhere. It seems really silly, but it can really bring in the money. We follow the news, presented buying positions and open position expectations, so let's stick to the currencies and watch them!
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