Market Observation｜Year-End Liquidity Game: Fluctuations May Continue Until Delivery Day, Waiting for a Breakthrough Signal

The current market is trapped in a typical year-end liquidity game—fluctuating up and down, direction unclear, often referred to as the "monkey business market." Without the boost from the Christmas market, this situation is likely to continue until the options delivery day on December 26. The real turning point may appear after the delivery is completed: as hedging positions are closed and the chip structure is reshaped, the market is expected to find a clear direction.

Capital Trends｜Is "Digital Silver" Changing Hands? Just a Phase Rotation

Recently, silver has shown strong performance, absorbing some of the "digital silver" narrative from ETH amidst the fluctuations. However, this is not a replacement, but rather a switch between different risk preferences. If ETH can achieve an effective breakthrough at key positions, it still has the potential to regain focus. The market is waiting for a driving signal—after the 26th, liquidity release may become the trigger for the market.

Trading Review｜Yesterday's Short Position Review: Entered at Support and Resistance Exchange, Both Targets Achieved

Last night, a short position was established around the support and resistance exchange area near ETH 3060, with both target levels achieved, resulting in a profit of over a hundred points. Preparations for a new round of positioning are underway, with more refined points and directional judgments to be updated in the internal communication area.

Key Reminder｜Maintain Rhythm, Stay Away from Fluctuation Exhaustion

During the market consolidation phase, frequent switches and chasing highs and lows are most undesirable. It is recommended to control positions, maintain observation, and reserve main capital for following key breakthroughs. $BTC $ETH #加密市场观察 #ETH走势分析