Family! Have you all bitten into the apples on Christmas Eve? Have the gifts under the Christmas tree been unwrapped? While the whole internet is immersed in the joy of the holiday, those in the crypto circle are probably still staring at the K-line sighing—this market, how can it be more biting than the cold wind on Christmas night?
Let's start with some hard facts. From the capital flow of core assets, the turnover rate on Monday has indeed been rising, but there is a key detail here: almost all of the sell-offs are from short-term profit takers. In other words, those 'short-term speculators' who made a little money and ran away are leaving, while the long-term holders who are truly stuck are unusually calm, and there is no sign of large-scale losses. This is very important, indicating that after the previous significant drop, investors who are stuck at high positions have entered a 'lying flat and watching the show' mode, which indirectly reflects that most core holders still recognize the long-term value of the assets and have not lost confidence due to short-term fluctuations.
However, the short-term sentiment is indeed not optimistic. Many short-term players currently hold a 'wait and see' mentality, believing that the current price is not yet the bottom, so the willingness to actively buy is very low. This mindset is actually understandable, as no one wants to be the 'bag holder' in a downtrend. Based on my experience, the market is likely to focus on consolidating at the bottom in the short term. A significant rebound may need to wait until after the New Year when market sentiment gradually warms up.
Finally, a small reference for everyone. When the price retraces near the key support level below, you can consider trying a small position to buy, with the initial rebound target focusing on the previous small resistance area. Of course, this is just my personal opinion and does not constitute investment advice; after all, the market is unpredictable, and everyone should operate according to their own risk tolerance.
During the Christmas holiday, don’t get too caught up in the short-term ups and downs; it's good to relax a bit. Follow me, as I will continue to track market trends and share my exclusive analysis and operational ideas with you at the first opportunity, helping you find direction in the fog of the crypto market! Follow me@链上标哥 , so you won't get lost!
