2025-12-29 12:20:55

Behind the surge in the early trading session today, it was mainly a chain reaction driven by the plunge in gold and silver. Under the holiday effect, market liquidity is tight, and currently, all major assets lack a clear direction.

Regarding the trading strategy for BTC and Ethereum, the short-term approach remains the same as before—it's crucial to see if they can hold steady at the 2900 and 2750 levels. If they do, continue to go long. Conversely, although the 3050 level has hit a new high, the trading volume can't keep up, making the rally appear weak. This presents a better opportunity for shorting. Simultaneously, for BTC, the 9.05 level can be considered for short positions, and if it retraces to around 8.65 or 8.4, consider adding long positions.

On a longer time frame, things become more complicated. If next year the US bond yields enter a downtrend, and the dollar continues to strengthen but policy momentum weakens, the risk of a broad market decline indeed exists. However, BTC is somewhat special—once funds flow back into the precious metals market, combined with BTC's currently undervalued price, its trend might diverge from the overall market and develop independently. The current question is, what should be the stance on long or short positions? It's really hard to say.

BTC-0,24%

ETH0,03%

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NFTBlackHole

· 7h ago

Gold plunges and sets the tone, liquidity really underwhelming --- Insufficient trading volume, the 3050 move feels very fake --- Confident in BTC's independent market logic, it's quite interesting --- US Treasury yields falling? We'll see who’s truly swimming naked then --- If 2750 can't hold, it might have to return to over 8K --- The key is the return of precious metals; right now it's all gambling --- Short-term bulls and bears are indeed hard to determine, I choose to wait and see --- That fake move in the early session was really outrageous, don’t be fooled by the fake pump --- BTC detached from the market? Dream on, it still can't escape the overall trend --- 8.65 is the real entry point, it's still early

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FlatTax

· 7h ago

Gold's sharp plunge is indeed exciting, but the lack of volume really shows weakness. It feels like 3050 is about to break, a shorting opportunity is coming. BTC breaks 9.05, just run, simple and straightforward. Liquidity is tight, this holiday is really hard to endure. If 2750 can't hold, then GG, the bulls have no chance. US debt downtrend + strong dollar, how to play next? BTC is detaching from the market? Then wait for the precious metals to flow back. This market is really unpredictable, I give up thinking about it, haha. If you can't get past this 2900 barrier, continue to lose on longs. Listening to independent market trends is just for fun, who believes that? Short-term, just focus on these key levels, everything else is nonsense. Volume weakness happens every day, don't be fooled. Shorting at 9.05 feels too easy, but it's actually more dangerous. Too many traps, better wait until 8.4 to get in safely.

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PensionDestroyer

· 7h ago

You keep arguing about the direction, I have already fully shorted. With such weak volume, I don't believe this wave can continue. Wait until it breaks 9.05, now entering is purely for fun. If US bonds really decline, the whole market will follow, and BTC will be the only one standing—just watch the show. During such poor liquidity during the holiday, rather than guessing, it's better to go all in and sleep peacefully. I didn't get a single cent at the high of 3050; weak rallies are the most dangerous. The rebound driven by gold plunging—ha, only a fool would believe that. I set a stop-loss order at 8.65, letting the bullets fly for a while. The logic of the dollar strengthening next year still doesn't hold up. Is 2750 really the key? It feels more like a psychological level. The entire market lacks direction; why should we be able to bet correctly?

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bridge_anxiety

· 7h ago

The liquidity during the holiday is so poor, yet they still dare to push the market. It feels all illusionary. --- Shorting at 9.05 sounds good, but I'm just worried about a gap. --- Can gold and silver really continue this plunge? It feels like a reversal could happen at any time. --- Can we still believe the idea that BTC is undervalued? --- If it can't hold at 2750, it's doomed. Feeling a bit anxious. --- Insufficient volume to push up definitely makes the rise fake. I've finally understood this time. --- U.S. Treasury yields are expected to decline, but the dollar remains strong. Isn't that contradictory? --- Independent market movement? BTC still has such a vivid imagination. --- Short-term bullish and long-term bearish, how to hedge this? It's a headache. --- The idea of precious metals flowing back is a false proposition; they simply can't flow back at all.

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