On December 15th, Sunday, Bitcoin's evening trading strategy!
From the one-hour technical structure chart, the price channel is oscillating downwards, breaking lower. The lower channel shows signs of opening, but due to the slow pace, the pullback is accompanied by corrections, with frequent shifts in long and short volumes. The downward oscillation pattern is already evident, and for the upcoming short-term strategy, we maintain a stance of selling on the rebound.
From the four-hour technical structure chart, the overall trend is still in a downward oscillation. The short-term has formed a step-like decline, and it has now directly dropped from the mid-line to the lower line. Currently, no signs of a stop in the decline are visible. Although it encountered support, this slow declining market, when faced with support, has not shown a rapid rebound, indicating that this support level is not strong enough. Therefore, we should still maintain a strategy of selling on the rebound!
Personal trading advice for Bitcoin: Sell near 103000-103200, with a target of 102000-101000. Breakout continues to look lower!