The four-hour K-line downtrend mesh expansion trend has just ended, and the K-line has immediately reversed with a strong bullish candle piercing through the EMA trend line and standing at a high position. It is now consolidating above the support of 98000 at the EMA trend high point. The MACD continues to increase in volume, with DIF and DEA opening upwards from a low position. The upper Bollinger Band at 98800 has been breached, and the short-term market is approaching the overbought zone, indicating that there is valid space above. After all, today is Christmas Eve and Christmas, so there is little chance of a black swan event, making the probability of a false breakout quite high. In terms of strategy, after another attempt to break the 100,000 mark, one can consider short positions to test the waters. A pullback to the Fibonacci retracement level of 0.618 should be considered for testing long positions.
For short position testing, point 99800, with a stop-loss at 100500 points, targeting between 99000 and 98000, with a break point at 97000.
For long position testing, point 96800, with a stop-loss at 96000, targeting between 98000 and 99000, with a break point at 99500#BTC #ETH🔥🔥🔥🔥🔥🔥 .