Morning market overview on Monday, December 8:

The Bitcoin morning closing line is a bullish line, and the weekly line shows a double shadow candlestick with a bullish engulfing pattern.

The midnight pattern completed is not a perfect bearish bat shape, and the PRZ of the standard bat is a bit far off, temporarily giving up.

The 4H chart seems to show a bat pattern forming, with the BC point perfectly established. The PRZ range for point D has been drawn as 96993-96656. At the same time, upon drawing the mutated bat data, it has been found to exceed the 1.272 of point X, which means it's no longer a bat pattern; one can enter a long position in the left-side ambush range or wait for the pattern to complete before entering a long position on the right side; with a stop at 95212, T1 target at 98740, T2 at 99946, and a risk-reward ratio of about 1:2; set up properly and leave the rest to time.

The recent surge has already established a bottom and raised the base; while Trump has not yet taken office, the major bull market continues with Bitcoin.

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Every time there is a high-level fluctuation and a correction, it’s an opportunity to enter and replenish; one cannot wait for the bottom to reach lower levels. Even if the bottom is reached, one still dares not enter. If knowledge and action are not aligned, one can only experience FUD and FOMO.

The probability of a rate cut in December has risen to 86%; follow me to stay informed, as I provide you with the latest news and point analysis every day, along with the wealth codes you desire. It’s not easy to write posts in this cold weather, so remember to follow and like!