Tuesday, December 24

🎉 Happy Christmas Eve, everyone! This holiday is an important occasion in America. I wonder if there will be any strange price movements during the day?

Yesterday, Bitcoin showed a fluctuating pattern. Jiang Wei often traded long positions above the high of 96,000, with prices consistently retreating. The market has repeatedly created corresponding space for long positions. For the current trend, I just want to say, find the right support and resistance levels, and making money will be a breeze.

If you are currently at a loss and want to turn things around, there are two paths: one is to take action, and the other is to learn. If you don't know, let's learn! If you have an idea, go for it! It's either success or growth! Find people who have a higher understanding and stronger abilities than you, learn from them, and take action! Execute fiercely, and you will definitely see results (side note).

On the daily technical chart, the price has consistently stayed within the lower-middle band, forming a box-like fluctuation. The candlestick chart shows four consecutive bearish candles. If the bottom support is broken, the bearish trend will continue downward. Currently, the bottom support is at 92,500, and Jiang Wei is more inclined to be bearish based on the current price. Therefore, for today, it is still a short position on the rebound. You can short in batches around the 95,500-96,000 area, targeting the bottom at 92,500. If it breaks, look for 90,000 and below 89,794,404,215,129,902,162,285.