#以太坊行情解读 Year-End BTC Market Analysis: The Tug-of-War Between Bulls and Bears in a Calm Trading Environment

As the holiday approaches, market enthusiasm has noticeably waned. The recent performance of Bitcoin clearly shows—no upward momentum. Technical pressures are significant, with key moving averages not being broken through, coupled with the constraints of a long-term downtrend line, making short-term breakthroughs unlikely. Prices are under pressure, and upside potential is limited.

However, the bottom support remains relatively solid, attracting many bottom-fishing investors to enter the market. But honestly, the overall trend is still in a major correction phase, and the bearish momentum has not been truly broken. Market sentiment appears cautious—after all, everyone is afraid of getting caught in a trap.

Some insist that this is just a bait for bears, and any rebound could turn into an opportunity for the opposition to reconfigure their positions, so caution against chasing highs is necessary. Be wary of those seemingly undervalued "bottom-fishing traps."

But there are also completely different opinions. The bullish camp believes that $BTC has already released enough pressure, the bottom has formed, and it is accumulating strength, with a new upward cycle about to begin. The debate is quite intense.

Currently, this is a critical period for the direction choice of main cryptocurrencies like $ETH and $BTC. The battle between bulls and bears has entered a heated phase, and the market is facing a final decisive question.