Alva_X

December 18 $BTC Market Analysis
As of December 18, BTC is at $87,800, with an intraday volatility of 1.5%. The 24-hour trading volume has shrunk by 38%, showing typical holiday weak liquidity characteristics. On the macro front, after the Federal Reserve's December rate cut, policy has become more cautious. The US dollar index closed at 98.095, exerting mild pressure on risk assets.
Technically, short-term support focuses on the $86,000-$86,500 range, with MA5/MA10 forming short-term support; resistance is concentrated at $88,500 and the $90,000 round number, with MA21 still providing strong

#BTC The rhythm of this week is quite clear: the bullish tone was set from Monday, the daily chart is steadily climbing up, and the weekly chart is likely to close with a nice Bullish line.
However, everyone can see that after the big ups and downs, the market is still in a correction. It is not the kind of market where you can just close your eyes and rush in. For those who haven't gotten on board at a low position, be careful not to chase the highs impulsively, as it can easily lead to being trapped.
At present, it is still stable. Let's see if there will be an interest rate cut next

#PEPE is currently at a historical low, with little room for decline. As a top external network IP, there is no need to worry about drop to zero.
Continue to hold firmly, if it doesn't break the new high, don't sell the chips 😉