Analysis of the Big Pie Market on the Afternoon of December 24!

After Bitcoin's pullback stabilized above 92,000 yesterday, the price began to rebound again, currently oscillating around 94,000. From a daily chart perspective, the price entered a downward channel after breaking below the medium-term track, and a candlestick with a long lower shadow was recorded, but it failed to break through the upper pressure zone, further strengthening the continuation signal of the bearish trend. At the same time, the 'One Bear Engulfs Three Bulls' pattern appearing on the weekly chart provides solid technical confirmation for the market's bearish atmosphere, indicating that the market will continue to maintain a bearish dominant pattern in the short term.

Looking at the four-hour chart, the midnight rebound was again pressured near the 95,500 level and closed lower, but the closing did not break further down; instead, it is consolidating, pulling the moving average indicators to turn. Currently, the pressure of the middle Bollinger Band has also begun to move down to around 96,000, while the hourly chart is in a flat state. The short-term outlook remains oscillating with a slight downward bias, just with a slightly slower rhythm. In the intraday short-term perspective, continue to maintain a high position strategy until the breakout level is reached. #币安Alpha公布第5批项目 #币安LaunchpoolBIO #BinanceLabs投资Usual $BTC $ETH