This week's trend has jumped up and down, mostly moving in one direction. It has not stabilized at any position, with Bitcoin reaching a high of 108,000. After peaking, it also experienced a deep correction, dropping to around 92. The depth of this correction can be considered quite significant. Currently, the trend is still a downward trend, let's see if tomorrow, Monday, can bring a reversal.

From a technical analysis perspective, Bitcoin has undergone a daily K-level correction. This is also the first real pullback in a true sense, with two consecutive small bearish candles over the weekend. Tomorrow, it is very likely that the weekly candle will end up as a large bearish candle. However, from the market sentiment feedback, this position is also where many people continue to position themselves for an upward move. Plus, in a few days, it will be Christmas. After a deep correction, there will definitely be a small rebound.

Bitcoin trading suggestion: Around 95,000, position for an upward move

Target: 103,000#加密市场盘整