#BTC走势 12.22 Weekend Evening Market Overview:
Bitcoin is in an ascending flag pattern within a descending channel on the 1H chart, oscillating in a narrow range within a descending wedge channel; if it breaks above the resistance line and stabilizes, then a strong bullish candle stabilizing at the 99K position will truly indicate a reversal; otherwise, it will repeatedly form false breakouts and oscillate.
In 2 days, it will be Western Christmas, followed by New Year's Day. Personally, I feel that capital will overflow with weak liquidity, and the market will continue to oscillate with the main behavior below. Unless there are unexpected surprises, it will continue to test the 92K-90K positions a second time; there will be no clear positive signals until January 20, with the only good news being Trump's presidency. Since his election victory, Bitcoin surged to 108K, with altcoins rotating; if he safely assumes office, he will fulfill his promise to recognize BTC as a strategic reserve. Imagine how the bull market's explosive pace will be; the spot holdings in your hands are not yet worth a drop in the bucket at the current price.
Currently, the market is oscillating back and forth, which is unclear. Accumulate spot positions on dips, and for contracts, set stop-loss with low leverage; support at 96748, 95886, 95024, resistance at 97284, 97715, 98146.
The above information is for market analysis only and should not be considered trading advice; follow me to stay updated daily with the latest news and point analysis, along with the wealth code you desire. Remember to follow and like!