Midnight Thoughts on Wednesday, December 25

From the current chart perspective, the price is fluctuating around the midline in the 98000-99000 range and is currently unable to break through the resistance area around 99500.

The four-hour chart shows that the price has previously faced multiple rejections at the midline. Combined with the Bollinger Bands indicator, the midline is turning upward, and the lower band is widening, but the KDJ indicator's three lines have begun to converge, and the MACD indicator's green momentum bars are gradually shortening, indicating a weakening of bullish momentum. Overall, the trading strategy for the price should focus on selecting appropriate high positions for shorting.

For midnight trading, it is recommended to short around 98500-99000, with a target focus on 97500-96000.

In the vast sea of people, meeting Ye Fan is fate! There are often good horses, but good trainers are rare. It is the good horse that makes the trainer, and it is also the trainer that makes the good horse, so choice is very important.