The Bitcoin market is about to迎来大行情, the "harvest battle" of the speculators is about to begin!
Key price levels to remember: If the bears retreat, Bitcoin will soar to $110,000, and 1.9 billion short positions will face liquidation risks. If the bulls cannot hold, the price will drop to $89,000, and 2.3 billion long positions will also be at risk.
Expectations for an interest rate cut by the Federal Reserve are rising, with a potential 25 basis point cut around December 18, and the market speculation is high with a probability of 78.1%.
The speculators may employ three strategies: first drop then rise, killing both long and short; first rise then drop, luring longs and killing them; a one-sided surge, but this tactic is rarely used.
Trading tips: Do not blindly chase highs or bottom fish; stable position control is key. Keep a close eye on the two key price levels of $89,000 and $110,000, and wait for the market direction to clarify before striking precisely.
In summary, a big trend is approaching, and the speculators may "attack from both sides". We need to stay calm, proceed steadily, and avoid becoming the harvested "chives"!