2024-12-24 BTC Market Analysis
In yesterday's article, it was mentioned that if the price couldn't break through 96500, it would subsequently retest below 93000. Although this was ultimately validated, the overall bullish outlook led to strategies and points that were contrary to the market, marking the first loss in recent times.
Market Analysis
Today's movement aligns with yesterday's prediction of the market, and BTC has successfully broken through yesterday's resistance level (96500). Therefore, the short-term rebound that started from 92464 will continue.
First, the 4-hour level structure has not changed much, and we can only wait for the price to break 103000 to confirm the end of the current 4-hour pullback.