The Bitcoin market has once again entered a wide-ranging oscillation pattern, with a fluctuation of over a thousand points in just an hour. It first dipped to the support level around 96000, before rebounding back to the 97700 line. In the morning, the public orange futures easily captured a profit of 1265/47 points. After the market stabilized and rebounded, we took advantage of the trend to enter positions again and made several hundred points profit.
From the current market perspective, the trends in the last few days are extremely similar, all showing oscillation and repair in the Bitcoin market, with evening dips forming a downward staircase. From the hourly perspective, following a morning dip, the trading volume has somewhat reduced; the MACD lines will resonate with the KDJ lines golden cross at a low position, indicating a further need for repair. In the afternoon, we can consider entering a short position first, observing the strength of the rebound.
Bitcoin: 97000~97300 long, target 98600.
Altcoin: 3400~3420 long, target 3500. #加密市场回调 #比特币战略储备 #圣诞行情预测 $BTC $ETH $XRP #PENGU开盘 #币安Alpha项目公布