Recently, BTC and ETH have significantly corrected from their yearly highs, entering a phase of consolidation and facing downward pressure due to changes in macro liquidity expectations.
The market logic and rhythm of the two differ:
BTC has corrected approximately 29% from its October high, fluctuating in the range of $85,000 to $95,000. As a core asset, its performance is relatively "resilient," significantly influenced by macro interest rate policies, but its correlation with traditional stock markets has decreased.
ETH has corrected approximately 38% from its August high, with greater volatility. As a "barometer" for altcoins, its trend is closely related to DeFi and other ecological applications, driven more by its own ecological development.
Recently, after a sharp drop in mid to late November, both have rebounded in sync, with ETH's rebound being more pronounced. However, since the beginning of December, the market has once again come under pressure and retreated.
For future operations, attention can be given to the following points:
1. Key positions: Closely observe BTC's performance around the key support area of $85,000-$90,000 and ETH's around $2,900-$3,000.
2. Gradual deployment: If signs of stabilization appear near the support levels, consider buying in batches and set clear stop-losses.
3. Watch for rotation: Pay attention to whether funds will rotate back from BTC to ETH; a strengthening ETH/BTC exchange rate is often a precursor to altcoin markets.
4. Tracking macro: Focus on macro events such as the Federal Reserve's interest rate decisions, as they directly affect market liquidity.
