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1: [Bitcoin payment system fully implemented in Lugano, Switzerland, residents can pay taxes with cryptocurrency]

2: [Barclays: Expects the Bank of Japan to raise interest rates in July and December next year]

What do we think about Bitcoin and Ethereum today? First, let me share some real good news. Last night, a fan reached out to me, saying they made $17,000 from an investment of $1,400 in less than a month, solely by following the pressure support levels I provided in my articles. I was genuinely very happy to hear that. It shows that my daily sharing is valuable and can truly help you make money. The U.S. stock market will continue to be closed for a few days during Christmas, and liquidity remains low. I also took a break yesterday because the market has been completely within Tommy's operational range these past two days. So, on Christmas Eve, we emphasized that both long and short opportunities exist; the key is to patiently wait for the right entry points. Many fans reported that both sides have been profitable. Therefore, the market won't behave as it usually does with sharp rises and falls; currently, it is mostly consolidating in a sideways trend on the 4-hour chart. During such times, we should avoid chasing highs and selling lows; we must take small profits and use this downtime to refine our fundamentals. When the market moves, we can hold on without panic.

The U.S. stock market opened after being closed for a day and a half; the three major U.S. indices opened mixed, with the Nasdaq up 0.13%, the Dow down 0.03%, and the S&P 500 up 0.03%. Bitcoin also faced pressure after reaching a high of 89,500 in the morning, consolidating throughout the day. After the U.S. stock market opened, it quickly dropped to a low of around 86,500. Fortunately, the short-term support from the Nasdaq helped stabilize the market. Today's support area for Bitcoin is 86,500-88,700; the resistance area is 89,100-91,500. At this position, the 4-hour consolidation for Bitcoin is quite evident, and both trading volume and momentum are not very strong.

So today's strategy is to wait for a pullback to the support level; once it stabilizes, we can go long for a rebound to the resistance level. If it doesn't show strength, we should defend our position but definitely avoid holding on stubbornly. The current rhythm is to wait for a pullback to confirm a low buy or exit if we encounter resistance during a rebound. Today's support area for Ethereum is 2,887-2,788; the resistance area is 2,980-3,030. Similarly, if it consolidates and stabilizes at 2,887 or 2,788, that would be a good opportunity for a low buy. A rebound to 2,986 to 3,030 should be monitored. If the volume cannot break through, we should exit first and wait for the right moment to confirm a pullback. In summary, today's direction is that with low liquidity during Christmas, the market is consolidating sideways. Therefore, buying on pullbacks at support and selling on rebounds at resistance for small profits is the safest rhythm today.

Clearing large order map (below ETH)

Today's market is relatively calm, and it's a good time to refine our fundamentals, learn more techniques, and practice patience. When the real breakout comes, we can hold on without panic. I am Tommy, a companion in the crypto space who trades while practicing. If you want real-time key entry points and personalized strategies, click on my homepage to join the community. We have professional trading instructors available around the clock to help you maintain your mindset; don't struggle alone.

The points are time-sensitive, and there may be delays in posting, so please refer to real-time market conditions. Lastly, everyone should remember the two key points I mentioned in my last article: focus on trial positions in the short term, and once we deviate from our target range, it will be the last opportunity to make significant gains before the end of the year. I am K-line Life Tommy, your real-time crypto steward. For more related coin analyses, please follow my public account for details.↓

Mainly focused on spot, contracts, BTC/ETH/ETC

Specializing in style: K-line trading

Original volume trading strategy.

Short-term wave highs and lows, medium to long-term trend trades, daily extreme pullbacks, weekly K-top predictions, monthly head predictions.

Public account QR code (K-line Life Tommy)

Friendly reminder: The only public account at the end of the article is personally created by the author!!

Please be cautious in distinguishing authenticity, thank you for reading!

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