On Friday, December 27th, the rebound momentum is insufficient, and the market continues to look bearish.

After a pullback of over five thousand points yesterday, Bitcoin has been in a low-level oscillation and consolidation. In the short term, there was a rebound after falling to the 95200 line, but it has been difficult to sustain an upward trend. Yesterday, the outlook was also bearish, and Bitcoin overall realized a pullback space of over five thousand points. Currently, the rebound remains ineffective, and the market can continue to maintain a bearish outlook!

From the perspective of the daily chart, after a sustained weak downward trend, the coin price has formed an oscillation consolidation at a low level. The support in the 93000 area is relatively strong in the short term, so our recent outlook has been focused on this area. Regarding the current rebound, there is also strong pressure at higher levels. In the past two days, there have been multiple rejections in the 99900 area, so if the rebound cannot effectively stay above 100000, we will continue to look for a continuation of the bearish trend. For the 4-hour chart, after the coin price fell below the middle track support, the candlestick closed below the middle track, indicating that there is still some space below, so we do not expect much rebound in the short term, and the main operation remains bearish.

On Friday morning, it is recommended to short Bitcoin at 963000-96500, with a target focus on the 93000-91000 line.

On Friday morning, it is recommended to short Ethereum at 3370-3400, with a target focus on the 3300-3200 line.

There are always those in the market who do not believe in evil. In fact, trading always has right and wrong, and there are wins and losses in the game. You can become the kind of person you want by imitating and getting closer, and in the end, you will always gain unexpected rewards.