【2024-12-18 BTC Evening Analysis】

Bitcoin today performed a pullback as we mentioned this morning, with the lowest point hitting around: 102947. However, looking at the trend, it seems like it does not intend to continue with a deep pullback and has restarted its upward movement. If this wave can break through: 105945, then the long positions will be restarted.

The reason I have been advising everyone to position in spot trading recently is that Bitcoin has not undergone a deep pullback. After such a high increase, it is unusual for the market not to pull back. Another situation is that the market may require a high-level fluctuation before initiating a pullback. Last night, I predicted that Bitcoin would experience a pullback, but I did not expect this pullback to be so minimal before it wanted to restart its upward movement again. I am truly puzzled; I originally thought that this wave would undergo a deep pullback so we could increase our spot positions and contract positions, but the market did not allow it.

Today, we will continue to wait normally. If you are positioning for the long term, we will not engage in short positions during this pullback and will continue to await long position opportunities. Recently, the risk of positioning in contracts has been very high, and I still advise fans against engaging in contract trading. Long-term spot trading can wait for opportunities to enter. For those fans who feel uncomfortable not trading and want to lose money themselves, you might as well take that money to wash your feet or pursue some fun.

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