Day Trading Strategies for Tuesday, December 24
Based on the current market situation, Bitcoin once again launched an upward attack this morning, testing the 95,000 line. However, it fell back after encountering strong resistance. The current price has returned to around 94,000 and fell into a volatile pattern.
Judging from the 4-hour trend chart, although there is a retracement after testing the high, the magnitude of the fall and the overall structural condition are not enough to cause fundamental changes in the existing market pattern.
Even if this rebound exists, it can only be regarded as a rebound correction trend within a local range.
Unless today's price can further break through the preset range and close at a high level, the market structure will not change significantly.
Judging from various factors, the operating strategy for Bitcoin should still be based on holding short orders, seize appropriate high-level opportunities, and once again deploy short-term short orders as the leading idea.
In this market environment, as long as the price rebounds, it can be regarded as a favorable opportunity to place short-term short orders again.
Action suggestions:
In terms of Bitcoin operations, it is recommended to carry out short selling operations near 95,000, and the target price can be focused on the 93,000-92,500 range.
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