Saturday and Sunday Analysis on 12.21

From the current market perspective, Bitcoin is oscillating around the midline in the 97000 area, and then broke through the 97000 mark to approach 98500. Pay close attention to whether it can break through the 99000 resistance level in the short term.

The four-hour market shows that Bitcoin has previously encountered resistance at the midline multiple times. Combined with the Bollinger Bands indicator, the midline is turning upwards, and the lower band is widening, but the KDJ indicator's three lines have started to converge, and the MACD indicator's green momentum bars are gradually shortening, indicating that the upward momentum is weakening. Currently, the upward trend is weak, suggesting that the market may be approaching a peak. However, it is worth noting that the 100000 mark remains a strong resistance level for Bitcoin, and breaking through this position is necessary to confirm the arrival of a rebound.

In summary, Bitcoin may continue to decline until it reaches a key support level before possibly welcoming a rebound.

In terms of operations, it is recommended to consider Bitcoin around 99500-99000, with a target focus on 97500-96000.

In the vast sea of people, you meet Ye Fan, this is fate! There are often thousand-mile horses, but good horsemen are rare. Just as the thousand-mile horse achieves the horseman, the horseman also achieves the thousand-mile horse, so choices are very important. #加密市场反弹 #PCE通胀降温 $BTC $ETH