Wednesday Christmas Early Market Analysis and Trading Suggestions

On Christmas Eve night, the strong hands pushed up the market, and Bitcoin has already rebounded by 3%. Many altcoins have also followed with a 3-4% rebound. As long as Bitcoin does not fall, altcoins can still rebound. The current focus is on the 99500 level. If the price can stabilize above this, there is still room for rebound.

From a technical structure perspective, it has just rebounded to the upper track of the four-hour chart for pressure testing, and it is also near the pressure level of the middle track on the daily chart. This level of pressure is still quite strong. It is recommended to stay on the sidelines for now. Currently at the 98600 level, looking down to the 96000 level!

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