【2024-12-3 Market Trend】

Current Bitcoin Situation: Bitcoin is currently in a high-level sideways consolidation on the daily chart, and this position has been consolidating for about 10 days. From the market trend, there has not been a deep correction; it is merely a high-level consolidation. As long as this consolidation zone does not break below 91437.8, there will not be a significant downward pressure.

Currently, based on the situation with Bitcoin, everyone should continue to wait for long positions and avoid opening shorts in this consolidation zone. This can reduce the chances of making mistakes. We are not waiting for a larger cycle, and the profits would also be relatively higher.

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