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Market Observation: The Pre-Christmas Fire Sale? 🎄📉
12/15 Snapshot The potential bearish structures I’ve been highlighting $BTC Bear Flag/Rising Wedge$ETH are validating. Price action is weaker than anticipated. That anticipated "Santa Rally" is likely off the table. The logic is simple: It's end-of-year. Capital wants to lock in profits for the holidays and step away. There’s just no bid to sustain a pump right now.
My Strategy: Greed over Fear I’m not betting on a sharp V-shape recovery in the short term. We likely won't see significant heat return to the market until Jan/Feb. But for me, every drop right now is just an opportunity to scoop up cheaper chips for next year's narrative.
🛠️ (Setup
Outlook: The short-term bearish structure hasn't fully played out. If we see a decisive breakdown, my downside target is the )region.
Action: I’m executing a DCA $BTC Dollar-Cost Averaging$80k strategy. I’ve started building a position near (and have laddered bids set at key support levels: $83k, $82.5k, and $80k. I'm buying the dip to lower my cost basis.
TL;DR This isn’t a market for short-term flippers right now; it’s a gift for the patient. My plan is to stick to the DCA schedule, step away from the screens, and wait for the post-holiday bounce.
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)$87k Market Observation Notes: The Pre-Christmas Discount Sale?🎄📉
12/15 Market Overview I have been emphasizing the potential bearish structure (Bear Flag/Rising Wedge) that is validating, and the market is weaker than expected. The anticipated Christmas rally may be off, for a simple reason: it’s the end of the year, funds want to lock in profits and go on holiday, buy gifts, so the market naturally lacks the strength to push higher.
My Trading Strategy: Fearless Greed I don’t believe there will be a V-shaped rally in the short term; the market will probably wait until January or February to rebound. But for me, every decline now is an opportunity to buy cheaper chips for next year's market.
🛠 BTC Positioning
View: The short-term bearish trend isn’t finished yet. If it breaks decisively, the target could be around $BTC .
Action: I’m adopting a phased approach to buy-in $ETH DCA$80k . I’ve started establishing a position near (and set ladder bids at key support levels: $83k, $82.5k, and ). I keep buying on dips to lower my average cost.
Summary This isn’t a market for short-term traders; it’s a gift for those with patience. My current plan is to stick to the DCA schedule, step back from the screens, and patiently wait for the rebound after the holidays.
$87k Eth