BTC

Today is Friday. The recent bitcoin price is low because foreigners are celebrating Christmas. Liquidity is very poor. Institutions pulled it up a little before the holiday and it fluctuated between 99,000 and 97,000 for a few days. The liquidity at this position is too poor. No one entered the market to operate, and it returned to the 97,450-94,880 range.

If the chips in this range cannot be held, it will go to around 92,000 again. The chips around 92,000 are still very dense. This position is the bottom of the range. From the current situation, the probability of losing the 97,450-94,880 range is very high. The market situation has been explained very simply and straightforwardly. If you don’t understand something, you can say it in the comment area.

In terms of operation, you can short at highs and set a stop loss.