The overall cryptocurrency market is currently declining, with strong panic sentiment; over 110,000 people have been liquidated.
The current price of Bitcoin is $89,761, down 2.48% in the last 24 hours, in a downward channel, having lost the $88,000 level. If it continues to break down, it may test $85,500 - $86,000. In the short term, one can trade within the $88,000 - $90,000 range, selling high and buying low, while paying attention to the breakout situation in the medium term.
The current price of Ethereum is $3,155, down 0.07% in the last 24 hours, relatively stable. There is strong support at $3,050 - $3,070, and one can buy in batches with a stop loss below $3,000; if it rebounds to $3,170 - $3,200, one can reduce positions. $SOL $BNB $ETH
At the end of the year, liquidity is tightening, and market volatility is high, with significant risks in leveraged trading. It is recommended to stay away from contracts, opting for spot trading or low-leverage operations, with strict stop losses.
Short-term operations should focus on ranges, with Bitcoin accounting for 40 - 50% of total positions, Ethereum for 10 - 20%, and retaining 30 - 40% in cash, waiting for a clear market direction before taking action. Everyone should operate cautiously and manage risks!




