Track the latest real-time cryptocurrency market news and take advantage of the best trading opportunities. Today is Wednesday, January 1st, 2025. I'm Wang Yibo! Good morning to all cryptocurrency enthusiasts. Strong admirer!

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US stocks rose at the beginning of trading and fell at the end of the session, with all three major indices declining. The Nasdaq fell by 0.9%, with a cumulative increase of 28% in 2024; the S&P 500 fell by 0.43%, with a cumulative increase of 23% in 2024; the Dow Jones fell by 0.07%, with a cumulative increase of about 13% in 2024. In the final moment of 2024, the price of Bitcoin reached $96,200, but it has not stabilized yet! The challenging year 2024 has ended, and we welcome the new year 25. Isn't this the year of revolution? In 2025, there may be a new revolutionary market or a period of recession after the bull market - but it doesn't matter, as long as you have real assets in your hands and as long as you are willing to wait, time will tell us the answer in the future. I believe that 2025 will be better.
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The movement of Bitcoin price was muted yesterday, initially rising in the evening after an initial drop in the morning. After reaching the 96269 area, it dropped to the 93100 level. Currently, it has returned to the 93600 level. There are many reversals in direction, and there is no significant continuity. However, there are still restrictions during the rebound process, with generally weak market trends. From a general perspective on the daily chart, the market is still weak in the short term, moving in a volatile and downward pattern. Furthermore, the correction did not continue during the rebound period on the four-hour period, and after the currency price rebounded to the upper edge area, it was pressured again. As New Year's Day approaches, the US stock market will stop operating again. We believe that friends in the cryptocurrency market are aware of this. The suspension of the US stock market means that the market in the cryptocurrency market will not be very significant, so there is no need for a lot of strategies in daily trading, and it is preferable to rely on short-term trading.
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Ethereum witnessed similar development, as it rebounded in the evening after the rise of US stocks, reaching its peak at the level of 3450, and continuously declined in prices, eventually stopping at the level of 3326. Currently, the candlestick pattern indicates price oscillation between levels of 3300 and 3450, forming a pattern of oscillation. The current market halt contains strong selling pressures and support strength, and we may witness a fierce struggle between sellers and buyers in this range. Through technical indicators analysis, the MACD indicates a gradual decline, which may suggest weakening of the sellers' strength. At the same time, there are signs of a short-term bullish trend recovery, and the market may experience short-term volatility in the upward direction. The strategy relies on the support of the fund's bottom to enter the purchase and monitor the break of the upper resistance area.
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Markosk is starting to benefit from Baby again, should we wait until 2025 to inflate Baby and make money from it? Let's see: Markosk changes his name to 'Kikyos Maximus' and uses Baby as his profile picture. This frog's image has been famous on the internet for years and has been used in various posts symbolizing humor and mockery. The first market surge of 2025 comes from changing Mr. Musk's name and changing his profile picture, something normal for ordinary people, but when it happens to him, the smell of money is everywhere. It seems really silly, but it can really bring in money. We follow the news, presented buying positions, and expectations of open positions, so let's stick to the currencies and watch them!