Wall Street Community Live Streaming: The trend is obvious, with a wide range of volatile market trends. Follow the live broadcast to bring you into the market
Click on the link to enter the live stream: https://meeting.tencent.com/p/6321551049 Today, the cryptocurrency market continues yesterday's weakness, with a slight overall decline, mainly influenced by macro risk aversion and holiday liquidity; The year-end holiday effect has led to a decrease in market liquidity, a slowdown in institutional capital inflows, a lack of short-term catalysts, and a deep consolidation of the market. 1: The price of BTC has further declined, falling below $86000 in the morning and currently oscillating in the range of $85000-86000, with a decrease of about 2-3%. ETH has experienced a significant decline, falling below $3000 to around $2870. The overall market value of the cryptocurrency market has decreased by about 1-2%, and Layer 2 tokens continue to be under pressure. 2: Main influencing factors: The fear of AI stock foam continued to transmit, the pressure on US stock technology stocks increased, and risky assets, including cryptocurrency, were dragged down. The expectation of the Bank of Japan raising interest rates has heated up (possibly on December 19th), and the strengthening of the yen has led to partial liquidation of the carry trade, further putting pressure on global risk assets. 3: Overall, the short-term market remains weak and lacks strong rebound drivers. It is recommended to pay attention to this week's decision by the Bank of Japan and the trend of US tech stocks, which may bring further volatility. In the long run, institutional accumulation and regulatory clarity still provide bottom support. Pay attention to the core support level ETH2850 BTC83800 Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
