12.31 Afternoon Analysis of Bitcoin Market!

Good afternoon, brothers. Last night's market really was a double kill for both bulls and bears, making it hard to establish any positioning. If you try to get a little position in, the profit disappears. It feels like it’s becoming less and less interesting; after all the play, it’s just the same things. The enthusiasm is slowly fading. I’m preparing to exit the market and won’t play this year, maybe I’ll come back next year!

After last night’s ups and downs, Bitcoin has returned to the bottom. Today, I’m looking for a small-scale rebound, with resistance above at 93000-94033-95079.

If this rebound doesn’t break these resistance levels, the market will continue to fall. The support targets below are 91500-90286-88857. Overall, the rebound is still weak, brothers. This is another few weeks of a downward oscillation trend. Try not to establish positions during the day.

Currently, the altcoin is still in a four-hour level oscillation, with hard support at the bottom of the range at 3302 and resistance at the top at 3445. It is oscillating within this range, with resistance at 3363-3383. If these two resistance levels are not broken during the rebound, it will continue to test the 3302 support. If this support is broken, look for 3220-3104-3038. If a small-scale rebound breaks above 3383, the rebound strength will be greater, with resistance above at 3445. Only by breaking this resistance will the market form a reversal.