Monday's insights are accurate, predicting half of this week's market!

A new week has begun, and everyone should pay attention to keep up with the rhythm of Qing Chen!

This week, the market may be relatively quiet due to the upcoming Christmas holidays in European and American countries, as most overseas markets will be closed and economic data will also be relatively sparse, which may limit trading interest.

Everyone should pay attention to the cyclical changes and market fluctuations of Bitcoin. From a technical perspective, the daily chart is forming a bottom at the bottom, not watching the closing, if it continues to rise this week, we first look at the middle band of the Bollinger Bands at the high point of 99680. Therefore, there is still a lot of room above, and it specifically depends on the changes every day.

In the H4 cycle, the candlesticks are below the middle band of the Bollinger Bands, but the indicators have shrunk and are sticking together, with the moving average system alternating between bullish and bearish. If it continues to rise, it needs to break and stabilize above 96650. Therefore, in the case of a clear trend, only one directional trade is needed, gradually looking at the upper target. There is no need to get too entangled in the changes of smaller cycles; when the market is clear, Qing Chen will provide current price tips!