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Due to the limitation of word count, beginners observe the market and turn it into an article

Today we're going out to play, the update is delayed, but it will definitely arrive, I'll be there in a moment.

Day 3 of Newbie Market Observation: Weak Fluctuations Continue, Hold the Bottom Line and Stay Calm
The current cryptocurrency market continues to maintain a weak fluctuation pattern, with BTC oscillating around $89000, a slight drop of 0.86% in 24H, hitting a low of $88856.8, and significant pressure at the $90000 level above; ETH is also weakening, down 0.16% to $2956.53 in 24H, consistently hovering in the $2920-2990 range, with overall market volume sluggish and no clear breakout direction at present.
Key Influencing Factors
Capital Flow: The inflow of BTC spot ETF funds has significantly slowed, while ETH ETF has seen net outflows. The decline in stablecoin market value, combined with the redemption pressure from Grayscale's GBTC, means that mainstream coins have not fully released selling pressure, and capital allocation willingness towards cryptocurrency assets remains cautious.
Market Sentiment: The Fear and Greed Index has retreated to a neutral range. Although there has been some release of panic selling in the previous period, investor sentiment remains observational, with a stalemate in the long-short battle. Short-term funds are only engaging in small-range trading, lacking trend-driven capital entering the market.
Macroeconomic Environment: There is uncertainty in macro events such as the U.S. Treasury's quarterly refinancing announcement, and global risk appetite is low. This, coupled with the influence of U.S. stock market movements, further suppresses the rebound momentum in the cryptocurrency market.
Neutral View on Mainstream Coins/Segments
BTC is still bound in the $88500-90000 range in the short term, with the lower support tested multiple times but not effectively broken, while the upper pressure remains difficult to breach. Without volume support, it is hard to have a trending market; ETH is completely linked to BTC's movements, with $2900 as a key short-term support, lacking independent positive drivers, making it difficult to emerge from a one-sided market. Most mainstream coins follow the broader market's weakness, while a few niche coins show brief fluctuations, but capital rotation is extremely fast, making it easy for newbies to get stuck.
Newbie Actionable Suggestions
Position Management: Continue to maintain a light position, with mainstream coin positions not exceeding 50%, and hold remaining funds in stablecoins, resolutely avoiding leverage and contracts, and not blindly bottom-fishing.
Operational Strategy: Abandon small fluctuations within the range, continue to pause or reduce dollar-cost averaging, do not chase small rebounds, and do not panic sell due to slight declines; patiently wait for effective breakout signals from the range.
Stop Loss and Take Profit: Newbies holding positions should set the BTC stop-loss at $88500 and the ETH at $2900. Once the support level is effectively broken, exit decisively; if the level is not broken, maintain a wait-and-see approach without any operations.
Information Source: Focus solely on official announcements from exchanges, Glassnode, and other authoritative data platforms.

Believe in all the beauty in the world, and also believe in the meaning of hard work; every step taken towards the sun hides a future full of splendid flowers.

Newbie Market Observation Day 2: The Consolidation Phase, Patience Is More Important Than Action

The current cryptocurrency market continues to exhibit a narrow range of fluctuations, with BTC oscillating slightly around $89,000 and ETH holding firm at the $2,950 mark. Overall market volume remains sluggish, still in the emotional recovery phase after extreme fear.
Key Influencing Factors

Capital Flow: The inflow of funds into BTC spot ETFs has significantly slowed, while ETH ETFs have seen net outflows. The decrease in the market capitalization of stablecoins, coupled with redemption pressure from Grayscale's GBTC, means that the selling pressure on mainstream coins has not been fully released.
Market Sentiment: Although the Fear and Greed Index has shown slight recovery, it remains at a low level. Investor sentiment is cautious, with a strong wait-and-see attitude. Long and short positions are in a stalemate, and short-term capital is only engaged in range trading.
Macroeconomic Environment: Global geopolitical risks and the uncertainty of U.S. economic data continue to suppress market risk appetite, becoming a significant resistance to market upward movements.

Neutral View on Mainstream Coins / Sectors
BTC is expected to consolidate in the $88,500-$90,600 range in the short term, with clear support below and resistance above. Until a breakout occurs with substantial volume, a trending market is unlikely; ETH follows BTC's movements, oscillating between $2,900-$3,030, lacking independent rebound momentum, primarily focusing on consolidation. Some niche coins have shown independent trends, but the rapid rotation of funds makes it challenging for newcomers to participate.
Recommendations for Newcomers

Position Management: Maintain a light position and observe, with mainstream coin holdings not exceeding 50%. The remaining funds should be held in stablecoins, and high leverage should be avoided.
Operational Strategy: During the consolidation period, abandon timing strategies, pause or reduce the amount of regular investments, avoid chasing small rebounds within the range, and do not panic sell low-positioned chips.
Stop Loss and Take Profit: If holding positions, set the stop-loss for BTC at $88,500 and for ETH at $2,900. Exit decisively if support is broken; if not breached, hold patiently.
Information Source: Only focus on official announcements from exchanges and authoritative data platforms like Glassnode, filtering out predictions of price movements and coin recommendations from community sources.

Risk Warning
Cryptocurrency asset prices are highly volatile, and sudden news during a consolidation phase can easily trigger breakouts. Global cryptocurrency regulatory policies still carry uncertainties, which may lead to market fluctuations. This article serves only as a market observation reference and does not constitute any investment advice. Investment decisions should be made independently, and risks are borne by the investor.

Do not chase highs or sell lows: A framework for market observation for beginners
The current cryptocurrency market is in a weak sideways pattern, with BTC and ETH oscillating in a narrow range. The battle between bulls and bears is subdued, and liquidity is scarce as the year ends, leaving the short-term direction unclear. This lackluster trend is not a signal of a trend but rather tests the emotional control and observational logic of beginners, as blind operations can easily lead to passivity.
The core factors influencing the current market are mainly three: first, macro liquidity, where the Federal Reserve's high-interest rate policy continues to suppress the appeal of crypto assets as no-risk asset yields are squeezed, and the outflow of institutional funds has not shown significant relief; second, market sentiment, where the sentiment index is at a low level, intertwining investor panic and wait-and-see emotions, with the movements of whales increasing market disturbances; third, the regulatory environment, with global regulatory coordination tightening, the implementation of the EU's MiCA regulations, and the unclear stance of the U.S. SEC, continuously affecting market confidence.
Regarding mainstream coins, BTC is under pressure in the $89000-$90000 range, with support below and resistance above forming a balance, likely maintaining oscillation in the short term; ETH follows BTC's trend, struggling to break through the $3000 mark, and the selling pressure is relatively significant, requiring attention to key support levels' defense. Overall, there is no clear trend; it is more about range fluctuations under capital games, and excessive interpretation of short-term ups and downs is not advisable.
Beginners can follow these executable strategies: use spare money for investments, with mainstream coins accounting for 60%-70%, paired with 20%-30% stablecoins or blue-chip coins, avoiding high leverage; prioritize dollar-cost averaging into BTC and ETH, with a fixed investment amount each month to avoid timing issues; set profit-taking and stop-loss lines (such as a 10% profit-taking and 5% stop-loss), strictly implementing without emotional modifications; information should only reference exchange announcements, project white papers, and authoritative data tools like Glassnode, filtering out rumors and noise from coin recommendations.
Risk warning: Cryptocurrency assets are highly volatile, with daily fluctuations exceeding 10% being normal; global regulatory policies carry uncertainties that may trigger price anomalies. This article serves only as a framework for market observation and does not constitute any investment advice; investors need to make independent judgments and bear their own risks.

During periods of market fluctuations, it becomes easier to select high-quality targets. Are there those who are optimistic about the unstoppable ecological layout? Do you think decentralized trading will be the core focus of DeFi moving forward? Let’s discuss in the comments section～