Morning Bitcoin Market Analysis on 12.21!

"Black Friday" truly stands out, with back-and-forth sweeping by bulls and bears, a rollercoaster market that left countless people liquidated, while we managed to profit from both sides! First, there was a midnight plunge washing out positions at the 100,000 mark, followed by a continuation of oscillation in the white phase, until afternoon trading saw another increase in volume, with a low reaching around 92,200, an overall decline of over 8,000 points. After the bottom stabilized, there was a rebound, and the current price oscillates around 97,000. Our morning trades were positioned to indicate that after reaching 98,000 in the afternoon, we successfully captured this round of evening trading.

From a technical analysis perspective, the current situation remains filled with uncertainty. Although signs of a rebound have appeared in the short term, the market will continue to seek lower points. Firstly, from a daily chart perspective, it is clearly in an adjustment period. The multiple bearish divergences on the daily chart indicate that the current adjustment is completely in line with technical trends. Coupled with stimuli from news events, market risk aversion sentiment is increasingly strong. Against this backdrop, short-term operations should minimize trading frequency to avoid unnecessary losses due to blind following. #PCE通胀降温 #USUAL走势分析 #比特币市场波动观察 $BTC $ETH