The final battle of this year? 25 basis points are set in stone. Will the rebound of Bitcoin be tonight?
For the current short-term, although there has been a decline and adjustment during the day, we can still see the desire and strength of the dealer to protect the market. Therefore, only if the short-term Bitcoin effectively falls below 103000-103500 and stabilizes below it, there will be a deeper or longer-lasting correction sentiment in the future market; otherwise, the short-term dealers or institutions continue to protect the market, and Bitcoin will not fall in the short term. After hitting the bottom, it will continue to increase in volume (but now the large-scale line does need a wave of adjustments for technical repair, which is a healthy correction. If it continues to rise in the short term, it is also a signal that needs to panic).
Key points: The key point of the short-term is near the upper side of the 4-hour Bollinger lower rail (the price is probably around the 103500 area).
I personally still see it around 110,000 in the last wave. Everyone needs to be careful that Ethereum may have another round of high-rise sentiment in the future. This round of high-rise is likely to induce the subsequent decline, because the daily line needs to repair the technical repair of the upper shadow (I think it will still go above 108,000 again, and rush to 110,000 this year, and then this round of high-rise will not be too strong. We still firmly target around 110,000-11.5, and then start a deep correction in January 25.
Keep paying attention to the midnight data, this is still important. We all know that the most powerful news for the market rebound is the interest rate cut, right!
The night of the interest rate cut will start tonight, and the number of places is limited. First come first served. Those who can't sleep come and share for free.
