#BTC资金流动性 12.22

The Christmas cycle often reflects the true risk appetite of the entire market. From past trends, this is not just a temporal pattern, but more like a mirror reflecting emotions—if the price of cryptocurrencies can rise in sync during the period from Christmas to New Year, it indicates that funds are still willing to allocate to risk assets even without new macroeconomic positives. This confirmation usually sets the tone for the pricing logic in the coming year. Conversely, if this window shows weakness, then January and even longer periods may easily fall into a cycle of repeated fluctuations or even a downward spiral.

**About $BTC Trend**

At the current pace, 84700 still has not effectively broken through, but rather has been testing repeatedly on the right side. From the real-time market perspective, this is likely the phase bottom. The key moving forward is on the four-hour line — we need to see if there are coherent small bullish candles pushing upwards, as this will determine whether all timeframes can work in unison. Once it stabilizes, the next step will be to challenge the hard resistance at 93900 on the daily line. In simple terms, as long as it holds above 87800 during the day, the expectation for an upward oscillation remains. The upper pressure is seen in the range of 90400 to 92500, while the lower support focuses on 87800-85800.

**About the $ETH Situation**

Ethereum has just shown some improvement in the four-hour chart, and the weekly chart has opened relatively high. The upward momentum in the first half of the week needs to be closely monitored, especially whether the four-hour chart can maintain a series of small bullish candles. For this wave of market movement to have real momentum, it must stabilize around 3150. As long as it doesn't break below 2960 during the day, the probability of continued upward movement is still quite high. Support levels are seen at 2960-2820, while resistance levels are at 3150-3310.