12.23 Monday Afternoon Market Analysis

Over the past weekend, Bitcoin fell to the 92,000 area, which was in line with our expectations. It then rebounded and touched the 99,400 area, facing pressure from 100,000 before dropping again. Currently, the price has returned to the 95,000 area, indicating that a weakness has formed and the bullish momentum is slowing down.

From the four-hour technical structure, the price is moving along a downward slope just below the middle Bollinger Band, while the pressure continues to decline. This shows that the bearish momentum is strong, so our strategy will definitely focus on shorting on rebounds, paying close attention to the 92,500 level below.

Bitcoin: Short in the 95,500-96,000 area, targeting 92,500. If it doesn't break the low, we can reverse our position. If it breaks down, watch for 90,000. #比特币战略储备