12.25 Market View

Yesterday, I kept emphasizing that Bitcoin has a bottom divergence structure and can be bought long, as the bulls could counterattack at any moment. Before I published the article, BTC was about to drop to my reference support level, so it is considered a relatively certain long position.

Yesterday's rebound formed a square box oscillation range, and today both bulls and bears still have opportunities, depending on how one seizes them.

BTC 99000~100000 is the current major pressure range. In the coming days, we need to be cautious.