2025-12-24 03:30:14

Market observation on December 24, #以太坊行情解读

The GDP data for the third quarter in the United States was released yesterday, showing impressive growth that far exceeded expectations. Strangely, this good news had a minimal stimulating effect on risk assets. The fundamental reason is straightforward—the market is speculating whether such strong economic performance will derail the Federal Reserve's plans for interest rate cuts in 2026. This anxiety even prompted Trump to speak out, with the main demand being for the Fed Chairman to ease monetary policy. To be honest, Trump has little leverage over Powell now and can only wait for Powell's term to naturally conclude.

Trading Schedule Reminder: The Christmas market closure is coming. On December 25th at 2 AM Beijing time, the US stock market will close early. There will be no trading on December 25th, the US stock market will be closed all day.

**Dabing ($BTC) Dynamics**

Once again entering the adjustment range, the rebound is clearly without volume. Currently, it is the Western New Year period, and trading activity is inherently low. Looking at the weekly chart, the current position adjustment is still not sufficient. Next, we need to keep an eye on the daily level trend.

Key levels to pay attention to are 84700. If this level cannot be broken, the market will maintain a pattern of repeated fluctuations to the right. Continuing to grind, it will evolve into a triangular oscillation, with an increasing degree of convergence, and the direction choice will also get closer. From a short-term perspective, the main tone is a fluctuating adjustment. Support is in the 86000-84700 range, while resistance is at 88480-90000.

**Ethereum ($ETH) direction**

Similar to the rhythm of Bitcoin, the old question remains—can the 2800 line hold steady as a long-term support, which will determine the subsequent trend. If it cannot hold, it will continue to oscillate within the range of 2550-2800. The characteristic of this phase is the consolidation, and repeated fluctuations are inevitable. Recent support is at 2820-2780, with resistance at 2969-3050.

BTC-0.59%

ETH-0.54%

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TopBuyerBottomSeller

· 11h ago

Christmas market break, let's just take a holiday, anyway there isn't much market activity these two days.

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TokenCreatorOP

· 11h ago

The Christmas market is closed for a break, and BTC is starting to drag again. This rhythm is really boring. If it can't break 84700, then just continue to oscillate. Anyway, we can wait. The Fed's interest rate cuts are still far away, no wonder the market is so lukewarm. Ether must hold steady at 2800, otherwise it will get shaken out again. Trump has no more moves left, haha, let's just lie flat and wait until next year, everyone.

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MEVSandwichMaker

· 11h ago

The Christmas market break is causing a stir again, this wave of market activity is really exhausting. ETH is range-bound around 2800, the whipsaw has made me lose my composure. BTC's volume-less rebound feels like it's just waiting to choose a direction.

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TokenDustCollector

· 11h ago

This wave of adjustment before the Christmas market break is really dull, the volume seems like no one is playing. Is good economic news actually unfavourable information? This logic is incredible, the market loves to be self-contradictory. As long as 2800 doesn't break, let's just keep grinding, after all, there's no rush. It doesn't help that Trump urges Powell, this guy is just tough.

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