The news of Japan's interest rate hike has already been confirmed, and the results and speeches are completely in line with expectations. Therefore, the remaining market activity in December will revolve around the annual options expiration;
The annual options expiration date is the 26th, because the 25th is Christmas, and today is the 19th, which is a Friday. After the weekend, the 22nd, 23rd, and 24th will roughly be the days to prepare for options expiration;
Additionally, these past two days, due to the impact of Japan's rate hike, there have been frequent rapid spikes up and down. Even though I usually like to trade swing positions, I haven't had time to catch both sides. The upcoming volatility is not expected to be so extreme;
Finally: As previously explained, December is a rare golden swing period, meaning there is no need to worry about large breakouts or breakdowns. However, many people dislike swing trading because it tends to go against human emotions—after a decline, many are more bearish; after a rise, many are more bullish. #ETH走势分析
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The news of Japan's interest rate hike has already been confirmed, and the results and speeches are completely in line with expectations. Therefore, the remaining market activity in December will revolve around the annual options expiration;
The annual options expiration date is the 26th, because the 25th is Christmas, and today is the 19th, which is a Friday. After the weekend, the 22nd, 23rd, and 24th will roughly be the days to prepare for options expiration;
Additionally, these past two days, due to the impact of Japan's rate hike, there have been frequent rapid spikes up and down. Even though I usually like to trade swing positions, I haven't had time to catch both sides. The upcoming volatility is not expected to be so extreme;
Finally: As previously explained, December is a rare golden swing period, meaning there is no need to worry about large breakouts or breakdowns. However, many people dislike swing trading because it tends to go against human emotions—after a decline, many are more bearish; after a rise, many are more bullish. #ETH走势分析