December 29, 2025 Market Analysis:


Today is Monday, marking the start of a new week. Last week, the market closed with a small bearish candle. This morning, after the opening, the market experienced a rally. Although there was some fluctuation, the volatility was mainly at a smaller time frame, with little impact on the larger trend. Currently, the price is around 89,700. From a weekly perspective, the market still hovers at the bottom. The morning rally did not change the overall weekly pattern, and the market chose to rally at the opening. To avoid a gap down after a gap up, it is recommended to gradually enter long positions while withdrawing some. As a weekly chart, the long-term oscillation has led to concentrated bottom chips and frequent battles between bulls and bears, making it more difficult for the market to move. There is a high possibility of continued sideways movement at the bottom, so there's no need to think too far ahead for now. The market's fluctuations are limited to smaller time frames.

From a three-day chart perspective, this level is the hope for all bulls and the only support for multiple time frames to go long at the moment. However, it should be understood that the necessary pattern has been completed. The remaining concern is the strength of the current MACD green segment's upward momentum. Whether it is the mid-line or around 94,500, if this rally cannot break through, the market will only be a short-term rebound, and there is a significant chance of retesting lower levels later. Therefore, do not take it lightly.

From a daily chart perspective, the market is performing quite well. After multiple consolidations around MA5, yesterday's steady pullback held firm, and today, a small bullish candle appeared with a rally. Its single-day increase is decent. As for the intraday level, due to the rapid rally in the morning, many gaps formed. In summary, the overall market currently favors low buy-in, continuing to follow the upward trend on the daily chart, but be sure to wait for gaps to be filled.

Major resistance for Bitcoin is at 91,800 and 94,500, with support at 88,500 and 84,700.
Ethereum's resistance levels are at 3,090-3,250 and 3,450, with support at 2,970 and 2,790.
BTC-3,02%
ETH-3,18%
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