12.20 Summary and Early Morning Market Analysis!
Yesterday, the market mainly showed a fluctuating trend during the day, until the afternoon when the price touched the 98200 line and began to pull back, continuing to decline to 92232, forming a drop space of nearly 6000 points. Subsequently, the price rebounded from the bottom, rising back to 97700, generating a rebound space of over 5000 points. Throughout the day, we had both long and short positions, and both achieved good results!
Good evening, brothers, Bitcoin has started to rebound. It’s normal to have a rebound after a day of decline. The daily line pullback trend remains unchanged. During the night, pay attention to the rebound pressure above at 98371-99000. Currently, the market is just rebounding, so watch the one-hour level support below at 95696. If the one-hour close breaks below this position again, this one-hour level rebound will end, and it will re-test the support below at 94137-92388-90286, with an extreme market spike position at 85589!
Currently, the altcoin is experiencing a one-hour and two-hour level rebound, with rebound pressure above at 3465-3520-3600 and one-hour level support below at 3300. If the one-hour close breaks below 3300, this one-hour level rebound will end, and it will re-test 3202-3104-3038!