12.21 Saturday, wishing everyone a happy Winter Solstice

The large pancake (Bitcoin) currently shows a clear daily bullish trend has broken and the structure has been damaged, the daily bullish lifeline has been breached (30-day moving average) and the current adjustment has also been validated. The market will undergo further changes. Yuelin believes that the large pancake price will test the bottom again in the future, I have said that in the short term, we will take it step by step for the most stability.

In the 4-hour timeframe, the price continues to form a Doji star, if this 12-hour candle does not break the 98300-98000 range, then the gun barrel will aim downward again. Technical indicators are showing a flat performance, with the indicators in the middle, suggesting that there is considerable room for movement either upward or downward. Personally, I feel there is a strong bearish sentiment, and this will be another wave of selling; at that time, we will see pressure forming in front of the trend, which is meant to be broken through.

Saturday morning trading strategy:

BTC: 97600-98200 short, target 96800-95700-94800

ETH: 3480-3490 short, target 3370-6395-5922-9171-7549-7032-9178-8153-9232-8245-5289-6149-3676-0153-2