【Cryptocurrency Market】
【Early☀—Thursday—12.4】
#二级 The market is warming up, the cryptocurrency market rebounds, with a total market value of approximately $3.16 trillion, up 2.62% in 24 hours.
Bitcoin (BTC) is approximately $93,063, up 7.34% (7-day increase); Ethereum (ETH) is approximately $3,055, up 9.1%. Mainstream coins are rising, with a trading volume of about $154.16 billion and high activity.
Why the sudden increase: After a previous sharp drop, dip-buyers entered the market, and the expectation of a Fed rate cut (90% chance in December) boosted sentiment; ETF inflows and the strong seasonal performance in December (historical average increase of 42%) drove funds back, offsetting liquidity concerns.
Trend: Short-term upward trend, BTC testing the resistance at $100,000, may rebound to $93,000-$95,000; long-term bull market continues, expected to rise 10-20% in December.
