The layout of long orders in the early morning was accurately verified. The price of pie rose to 99500 in the early morning, and our profit target was just at 99500. After leaving the market, the market indeed retreated. However, we did not choose to open a short position after leaving the market because the market was still unclear. It would be very risky to enter the short position rashly, so we chose the short position state. However, as the old saying goes, as long as you leave the market with profit, you are the winner of this game with capital. No matter how the market goes in the future, it has nothing to do with you.

December 25th Early Thoughts:

As the bells of Christmas ring, in this grand festive atmosphere in the United States akin to New Year, the market has also welcomed its "highlight moment." Previously, after a long period of price fluctuations, Bitcoin finally achieved a key breakthrough at the middle band of the 4-hour Bollinger Bands. A strong bullish candle surged upwards, piercing through multiple key levels like a sword, pushing the Bitcoin price sharply from around 94,000 to above 98,000.

From the current 4-hour structure analysis, although the Bollinger Bands are opening downwards, the bullish momentum for Bitcoin is rising strongly, with significant increases in bullish funds. The KDJ indicator shows an upward trend, and the MACD indicator is steadily climbing, releasing positive bullish signals. Focusing on the 1-hour structure, the Bollinger Bands continue to expand upwards, showing a good upward channel trend; however, the KDJ indicator is gradually moving downwards, suggesting a slight pullback may be needed in the short term, while the MACD indicator continues to operate upwards, indicating that the overall upward trend has not changed.

Looking into the future market trends, the Bitcoin price is currently at a critical decision point. If it fails to successfully break through the important resistance level at the middle band of the daily Bollinger Bands, market sentiment may be suppressed, and the price will likely continue to decline in search of support; conversely, if Bitcoin can break through the upper band of the 4-hour Bollinger Bands, around the key area of 98,800 - 99,300, market bullish confidence will be greatly boosted, and it is expected to launch a strong attack towards the 100,000 mark, thus starting a new round of upward momentum.

Bitcoin may pull back near 97,800-97,300, looking towards 98,800-98,400.
Ethereum may pull back near 3,460-3,445, looking towards 3,520-3,540.

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