In the turbulent sea of investment, too many self-deprecate as "chives", being ruthlessly harvested by the market time and again, feeling bitter and helpless. Entering the market with wealth dreams, one often finds oneself knocked down by the waves of market turbulence due to ignorance.

But are chives doomed to never rise again? No! When you are battered and bruised, it is precisely the beginning of rebirth. First, it is essential to understand that every loss is an expensive but precious lesson. Don’t just nurse your wounds; calm down and dig deep into the root cause, whether it was blind investment following the trend or a complete lack of risk awareness? Learn courage from shame, chew on failure, and turn it into the nourishment for growth.

Learning is the sharp blade for chives to fight back. Stop relying on those ambiguous rumors, dive into the ocean of financial knowledge, study technical analysis, and discern macro trends, filling yourself like a sponge soaking up water. From understanding the fluctuations of Candlesticks to clarifying the workings of economic cycles, your knowledge reserve will build a dam against turbulent waves.

Moreover, a mindset as steady as Mount Tai ensures invincibility. Market rises and falls are the norm; do not be greedy and fantasize about becoming rich overnight during upturns; panic selling during downturns leads to total loss. Learn to maintain calm amid frenzy and hold firm in despair, treating investment as a long journey of cultivation without being thrown off balance by temporary fluctuations.

Remember, you are not groping in the dark alone. Band together with like-minded individuals, share experiences, and discuss strategies to draw strength from collective wisdom. Don’t be afraid to ask experienced professionals for advice; a bit of thick skin can yield greater rewards.

If chives want to avoid being cut, they must strive to improve themselves. When you arm your mind, hone your spirit, and develop both keen insight and a Steel backbone, then the "butcher" who once wielded the knife will ultimately become the stepping stone for you to reach the pinnacle of wealth. From this moment on, say goodbye to helplessness and boldly move toward the path of investment mastery; future harvests await your own picking.

Daily summary of Digital Currency dynamics (2024-11-21) 1. Trump's team is considering establishing the first-ever cryptocurrency-related position in the White House. 2. MicroStrategy's Bitcoin holdings are currently yielding over 14.7 billion USD in unrealized gains. 3. MicroStrategy has increased the issuance scale of zero-coupon convertible senior notes to 2.6 billion USD, with part of the net proceeds to be used for purchasing Bitcoin. 4. Data: Blackrock's Bitcoin spot ETF options debuted trading this Tuesday, with a Call/Put ratio of 4.44 indicating general bullish sentiment among investors. 5. The former head of the Technology Supervision Department of the Securities Regulatory Commission, Yao Qian, has been expelled from the Party and public office for involvement in virtual currency and other power-for-money transactions. 6. QCP Capital: Cryptos may eventually become a key part of the macroeconomy. 7. The Board of Directors of Hoth Therapeutics has approved the purchase of 1 million USD worth of Bitcoin as a reserve asset. 8. South Korea plans to implement a 20% crypto tax starting in early 2025, raising the tax exemption threshold to nearly 0.036 million USD. 9. South Korea's financial regulatory agency has rejected approval for investment in ETFs linked to crypto companies. 10. Japan is advancing an economic stimulus plan aiming for a unified 20% tax rate on cryptocurrencies. 11. Catizen announced plans to launch over 300 new products in the coming year and repurchase more than 10 million CATI tokens. 12. Binance will remove DAR/BTC, THETA/ETH, and other spot trading pairs on November 22. 13. The FTX lawsuit reveals details of Meerun's manipulation of the crypto market, involving more than 1 billion USD. (Golden Ten Data APP)

Hongwei said: 2024.12.18 Ethereum (ETH) latest market analysis reference.

From the key 4-hour chart, the price trend does not look optimistic, having already plunged to the lower Bollinger Band, which is usually a key warning area where market overselling pressure accumulates. What is concerning is that the three lines of the Bollinger Band are flat, as if the market has entered a brief 'chaotic period', with unclear direction and a tug-of-war between bulls and bears, resembling the calm before the storm, and subsequent fluctuations are imminent.

However, the situation seems to have turned for the better on the shorter 1-hour timeframe. The MACD indicator, as a 'barometer' of market momentum, has shown that the previously released bearish signals are subtly changing, with bearish momentum gradually weakening, akin to a retreating tide, providing a brief respite for the bulls. At the same time, the price trend has quietly returned to a relatively 'normal' range, and the KD indicator is running steadily, having not fallen into the trap of overselling, further confirming the determination that downward pressure is easing in the short term. Comprehensive subtle changes in various indicators suggest that the market seems to be quietly accumulating the power for a rebound, and the prevailing situation dominated by bears is likely to be reversed, possibly heralding the start of a dramatic turnaround in the forces of bulls and bears.