【2024-12-23 BTC Trend Analysis】

This morning there was something happening in the live broadcast, let's first take a look at the recent situation of the Bitcoin market. Bitcoin is currently in a daily pullback, and it has been in a sideways consolidation for the past two days. If this consolidation breaks our first support level, the long positions will be at risk.

Support ①: 91435.7

Support ②: 87766.6

Current screenshot price: 95496.8

This position is crucial. In the next two days, Bitcoin will either consolidate and build up strength for a rebound, or it will break below the first support level and continue into the second wave of pullback. This pullback is relatively tough for our altcoins. Currently, long positions need to be closely monitored during this pullback, but around January, the U.S. presidential election will occur, which will definitely be a significant positive for digital currencies. Current strategy: let's observe and not take action, and avoid short-term positioning.

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