#比特币流动性 #Max
Christmas market trend 'consensus pessimism': Is the turning point of $BTC approaching?
Currently, there is an intriguing phenomenon in the market: regarding the traditional 'Christmas market trend', market sentiment shows a rare 'consensus pessimism'. Most opinions either believe that $BTC will deeply retrace to 70,000 or even lower, or judge that there will be a brief rebound followed by continued decline—sentiment's pressure on prices seems to have surpassed the actual resistance on the charts.
From a technical perspective, when BTC approached $91,000, it indeed faced joint pressure from multiple resistance zones such as the EMA20/25 day lines and the middle band of the Bollinger Bands, failing to clear out the shorts, and is currently oscillating around 87,500. This once again confirms that the current market is still in a 'top and bottom' range pattern.
But the problem lies precisely in the fact that when market sentiment is highly unified, turning points often approach quietly.
If we continue with the current analysis, we may still see a rebound testing near $92,700 around New Year's. However, the key is that this is more likely to be a re-confirmation of the resistance zone rather than a trend reversal. In the relatively tightening liquidity phase at the end of the year, the market needs more time to complete sufficient exchanges of chips.
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As the market oscillates within a narrow range and sentiment swings between pessimism and wait-and-see, we might focus part of our attention on those long-term constructions that are not disturbed by short-term fluctuations. For example, @Max Charity community, whose core narrative has never been limited to the ups and downs of coin prices, but continuously promotes the educational implementation and charitable donations of Giggle Academy globally. This 'practical action' that transforms crypto consensus into real social value has attracted the attention of industry leaders, including CZ. What it builds is not the fluctuations on the price curve, but a continuously rising 'social value curve'. In the moment of waiting for the market to choose a direction, paying attention to and supporting such projects that truly create utility may provide us with another perspective and confidence to navigate through the cycles.
