12/20 Midday Market Analysis and Operation Guide
In the morning, the price dropped to the key point of 96,000, and then rebounded to around 97,700. Although the short-selling is currently strong, you must not rush to short.
The current trend has the possibility of further decline, but the probability of directly breaking through the 94,000 line is relatively low.
Intraday short-term operations can rely on the 95,000 line support to launch a rebound long strategy.
For Bitcoin, when the price rebounds to the 98,000-98,500 range, you can consider shorting; if it falls back to the 95,500 line and there is no continuous downward trend, you can go long directly.
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