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December 21st Early Thoughts:
Yesterday's market showed a deep V pattern. During the daytime, the price fluctuated around the range of 98000 to 96000, forming a clear oscillation zone. Subsequently, the lower end of this range was broken, and the price fell sharply, reaching a low of around 92300, with an overall decline exceeding 6000 points, and most cryptocurrencies dropping about 10%. Relatively speaking, Bitcoin remained relatively strong. By the evening, after hitting the bottom, the market started a rebound and has now returned to the daytime oscillation zone.
From the current trend, Bitcoin increased by nearly 5000 points in the evening, followed by bears giving back nearly 10000 points of space. Recently, the market has been extremely volatile, and investors with limited capital can easily find themselves in a deep trap even after clearing their positions. Therefore, it is crucial to set stop-loss and take-profit levels promptly when placing orders. This evening's rebound is strong, but attention should still be paid to the upper resistance level during the day, as the price has encountered resistance near 98000 multiple times. If it can break through strongly in the evening, the subsequent market may reverse again. From the four-hour structure analysis, Bitcoin's bearish strength is decreasing, the KDJ indicator is crossing upwards, and the MACD indicator is gradually moving downwards; from the one-hour structure, Bitcoin's bullish strength is increasing, KDJ is crossing upwards, and MACD shows a golden cross moving upwards.
Big Pie 96300-96500 long looking at 98200-98500
Second Pie 3360-3380 looking at 3460-3480
#PCE通胀降温 #USUAL走势分析 #比特币市场波动观察 #加密市场回调 #萨尔瓦多增持BTC $BTC $ETH
Yesterday's market showed a deep V pattern. During the daytime, the price fluctuated around the range of 98000 to 96000, forming a clear oscillation zone. Subsequently, the lower end of this range was broken, and the price fell sharply, reaching a low of around 92300, with an overall decline exceeding 6000 points, and most cryptocurrencies dropping about 10%. Relatively speaking, Bitcoin remained relatively strong. By the evening, after hitting the bottom, the market started a rebound and has now returned to the daytime oscillation zone.
From the current trend, Bitcoin increased by nearly 5000 points in the evening, followed by bears giving back nearly 10000 points of space. Recently, the market has been extremely volatile, and investors with limited capital can easily find themselves in a deep trap even after clearing their positions. Therefore, it is crucial to set stop-loss and take-profit levels promptly when placing orders. This evening's rebound is strong, but attention should still be paid to the upper resistance level during the day, as the price has encountered resistance near 98000 multiple times. If it can break through strongly in the evening, the subsequent market may reverse again. From the four-hour structure analysis, Bitcoin's bearish strength is decreasing, the KDJ indicator is crossing upwards, and the MACD indicator is gradually moving downwards; from the one-hour structure, Bitcoin's bullish strength is increasing, KDJ is crossing upwards, and MACD shows a golden cross moving upwards.
Big Pie 96300-96500 long looking at 98200-98500
Second Pie 3360-3380 looking at 3460-3480
#PCE通胀降温 #USUAL走势分析 #比特币市场波动观察 #加密市场回调 #萨尔瓦多增持BTC $BTC $ETH
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