Big drop! 20241225

CN
24 days ago

Good evening, brothers!

It seems that those who haven't learned to smoke don't want to learn anymore,

The drinks exchanged in toasts can only be tasted lightly,

Not wanting to drink much,

The beautiful and charming appearance still captivates the pen,

Early to bed and early to rise…

Is extreme self-discipline just a path to emptiness?

Would a perfect life be very boring?

Is there joy beyond the "Three Abstentions"?

Regarding the casualness of daily life,

In short, it's my life, I make the rules,

Idle chatter never gets to my heart!

Yesterday was my birthday,

My wife cooked and bought a cake,

Isn't this happiness in ordinary days?

In this kind of weather,

Hiding under the covers fits the winter sentiment better…

Haha……

……

The annual Christmas is approaching, and the U.S. bond market brings "bad news," with long-term bond yields hitting a seven-month high, all attributed to Powell's "Christmas gift"—hawkish rate cuts.

Overnight, the yield on the U.S. 10-year benchmark Treasury bond peaked above 4.6%, the highest since May, rising about 20 basis points since last week's Fed rate cut, before slightly retreating at the close. The 30-year Treasury yield also touched its highest level since late April before turning down, while the 2-year Treasury yield remained basically flat in the range of 4.33% to 4.363%.

BTC: On the 4-hour level, the price continues to stay near the upper Bollinger Band, and the price trend is still considered a rebound.

On the daily level, the price continues to be constrained by multiple moving averages, and the price trend still faces significant resistance.

In summary, the support level is 98,200, and the resistance level is 99,000.

ETH: On the 4-hour level, the price continues to stay near the upper Bollinger Band, and the price trend is still considered an oversold weak rebound, with a support level of 3,500 and a resistance level of 3,530.

LTC: The price continues to stay above the middle Bollinger Band, and the price trend remains healthy, with a support level of 100 and a resistance level of 130.

BCH: The price continues to stay above the middle Bollinger Band, and the price trend remains healthy, with a support level of 450 and a resistance level of 480.

That's all for now, good night!

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