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97.900

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4314.44

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56.441

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Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.

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Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.

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In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.

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      A Tug-of-War Battle between Bulls and Bears around 3400 - Breakout Signals Imminent Takeoff

      Cryptocurrency
      Summary:

      Recently, Ethereum has experienced a sustained influx of capital and has successfully formed a technical base, suggesting the potential for continued bullish momentum.

      Buy ETHUSD
      End Time
      CLOSED

      3332.09

      ENTRY

      3700.00

      TGT

      3070.00

      SL

      -- -- --

      26209

      Points

      Loss

      3070.00

      SL

      3069.67

      CLOSING

      3332.09

      ENTRY

      3700.00

      TGT

      Fundamentals

      Recently, the crypto market has experienced shifts in capital flow dynamics: despite net outflows from some Bitcoin-related ETFs, multiple reports indicate that Ethereum-focused products are attracting fresh institutional and retail investment. Specifically, data shows that on December 9, the U.S. market saw a net withdrawal from Bitcoin ETFs, while non-Bitcoin cryptocurrencies, including Ethereum, witnessed substantial capital inflows.
      Meanwhile, multiple market analysis firms indicate that current capital flows are shifting from risk assets, such as technology stocks and small-cap equities, towards cryptocurrencies in pursuit of returns and liquidity. This trend is particularly pronounced during year-end portfolio rebalancing, especially in environments characterized by low yields on stablecoins and increased uncertainty in traditional bond and equity markets.
      Additionally, the narrative circulating within the crypto community and institutional circles—that "smart money is accumulating Ethereum on dips"—has positively influenced market sentiment. Most analysts believe that the overall cryptocurrency market remains underheated, with sufficient capital inflow and market confidence supporting the potential for intermediate-term upward momentum.

      Technical Analysis

      A Tug-of-War Battle between Bulls and Bears around 3400 - Breakout Signals Imminent Takeoff_1
      In the 1D timeframe, Ethereum has found support near 2,700 following a recent two-month decline, with candlestick patterns forming a double bottom, thereby reinforcing the support level and catalyzing a sustained bullish rebound.
      Currently, Ethereum has approached the resistance zone around 3,400, indicating increased short-term upward pressure. A brief correction may occur; however, the relative strength index (RSI) remains in a neutral to slightly bullish territory, suggesting limited downside momentum and a market sentiment leaning toward bullishness.
      On the upside, a strong breakout above the 3,400 resistance could open further gains toward the 3,600–3,700 range. If market liquidity continues to improve and capital inflows persist, Ethereum is likely to recover its medium- to long-term bullish trend.
      On the downside, initial support is identified at the 3,000 level. A breach below this support could lead to further declines toward the 2,700 support level.

      Trading Recommendations

      Trading Direction: Buy
      Entry Price: 3260
      Target Price: 3700
      Stop Loss: 3070
      Valid Until: December 24, 2025 23:00:00
      Support: 3240, 3000
      Resistance: 3400, 3700
      Risk Warnings and Investment Disclaimers
      You understand and acknowledge that there is a high degree of risk involved in trading with strategies. Following any strategies or investment methodologies is the potential for loss. The content on the site is being provided by our contributors and analysts for information purposes only. You alone are solely responsible for determining whether any trading assets, or securities, or strategy, or any other product is suitable for you based on your investment objectives and financial situation.

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      Alan

      Analysts

      A senior trader with rich trading experience, proficient in naked K trading, and has accumulated rich practical experience in the fields of stock market, foreign exchange and commodities. With deep market insight and excellent trading skills, he can seize opportunities in complex market environment and provide investors with accurate and effective trading strategies. With his superb analytical ability and rich market experience, he is committed to pursuing excellent performance in the global financial market.

      Rank

      8

      Articless

      403

      Win Rate

      49.65%

      P/L Ratio

      1.18

      Focus on

      XAUUSD, WTI, EURUSD

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