2024-12-26 BTC Morning Thoughts

An hour ago, the BTC price attempted to rise for the third time, hitting 99,500. Although it reached 99,580, it immediately encountered selling pressure, causing the price to drop back to 98,300. This can be considered another failed breakout.

However, from the current 15-minute structure, this failure to break is still not forming a reversal, but rather aligns with the earlier view of continuing to build a central accumulation phase.

Thus, there will still be a fourth attempt to rebound against the resistance level. From a timing perspective, the ability of the price to hit the same position four times without a major correction indicates strong buying momentum. The drop after the third false breakout seems more like a tactic of the main force to accumulate while shaking off retail investors. Therefore, short-term players holding long positions only need to set stop losses and remain steady without being shaken out.

Morning Operation Suggestion:

Buy BTC at the current price, aiming for around 101,500.

Buy ETH at the current price, aiming for around 3,600.