December 24 Market Analysis and BTC Trading Guidelines

Yesterday's bearish outlook was validated by the market, with prices oscillating downwards. Although the key level of 92000 was not reached, the overall trend was consistent. Swing trading yielded decent profits, while short-term trades experienced slight losses.

1. Four-hour Situation: The K-line is under heavy pressure from the middle Bollinger Band, oscillating in the middle-lower band range, with the Bollinger Bands opening downwards and weak rebound, making it difficult for a short-term upward breakthrough.

2. Daily Pattern: The coin price shows a double bottom near 92000, but has continued to test the lower Bollinger Band, with the Bollinger Bands also opening downwards, indicating potential for expansion in the lower range.

Intraday trading should focus on shorting during rebounds. BTC in the range of 95800 - 96500,

Target 92000 - 90000, if broken, look to move down to 88000.

Stop loss: 96800, the market is volatile, manage risks strictly!

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