2025-12-29 05:26:07

Hello everyone, I’d like to share some recent market observations.

In the past two weeks, ETH has shown a clear double bottom pattern around 2800. According to conventional logic, it’s unlikely to test this level again last week. From a news perspective, the overall tone is optimistic, but the bullish momentum in the crypto market doesn’t seem as strong as expected—compared to the neighboring US stocks, which have been hitting new highs frequently, the rally here appears somewhat lagging.

However, our strategy has always been focused on medium-term holdings. The advantage of this approach is that it can help avoid short-term noise. Honestly, many people suffer frequent losses because they are too obsessed with short-term trading. Around Christmas, market liquidity is already relatively dry, and trying to trade short-term at this time is basically a battle against oneself, making the market both dull and mentally taxing.

With the New Year approaching, my judgment is that the upward trend will gradually strengthen. Continue to hold bullish positions firmly, let’s push forward together!

ETH1.16%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
6
Repost
Share

Comment

0/400

SleepyArbCat

· 4h ago

Nap warning... ETH's double bottom this time is indeed interesting, but compared to the US stocks, it's still a bit sluggish. Short-term traders should wake up now; liquidity is drying up like crazy this season, and I'm almost drained by gas fees. Still, you have to rely on mid-term holding to win passively, or else you'll be unable to keep your eyes open every day, losing money and feeling exhausted.

View OriginalReply0

Deconstructionist

· 4h ago

Those short-term traders are really just battling themselves. It feels like the wave of the New Year is indeed coming.

View OriginalReply0

GateUser-3824aa38

· 4h ago

The short-term traders are really miserable, I feel tired just watching them. --- The US stock market has soared while the crypto market remains stagnant; the contrast is quite ironic. --- Holding medium-term positions is indeed comfortable and worry-free. --- 2800 is definitely a key point, but I still have some doubts. --- Let's make a move for the New Year, many bulls are optimistic. --- Playing short-term during liquidity dry spells is just asking for trouble. --- ETH's recent movement is quite interesting; let's see how it develops next. --- Why wait to get on board? I'm already locked in. --- The market was really dull during the Christmas period. --- Whether the bulls are strong enough depends on January's data.

View OriginalReply0

shadowy_supercoder

· 4h ago

Double bottoms sound nice, but in reality, it all depends on whether the funds are willing to step in. Short-term traders truly deserve to lose.

View OriginalReply0

ApeShotFirst

· 4h ago

You're starting to talk about double bottoms again, but do you know, brother, that nine out of ten people who listen to this kind of argument are just taking the bait?

View OriginalReply0

AllTalkLongTrader