Summary of Wednesday: The Christmas market was depressed, and the rebound was still weak. The intraday long and short layout achieved a small range of space, and the market outlook continued to be bearish!

People with dreams do not do multiple-choice questions, but only do proof questions. Therefore, young people like you can make mistakes and fall, but never doubt yourself, and don't give up your dreams. Go where you want to go, do what you should do, don't hesitate, don't wander!

The intraday trend of Bitcoin still maintains a small range of back and forth tug-of-war trend, but the overall trend is also very consistent with our previous expectations. In the early stage, it has been emphasized that if the high does not break the high, the market will definitely fall back. This time, Lin Kun's thinking is confirmed again. This is not groundless or afterthought, and it is well-founded!

Today, we have arranged 2 waves of short positions in Bitcoin, one wave of hiding, and all of them have taken a small amount of space. We went short at 99,000 Bitcoin, sniping 1,250 points, and went long at 97,900 Bitcoin, and sniped 1,300 points of space again. Then Bitcoin prompted us to continue shorting near 99,300 during the session, and the market trend was also very cooperative with shorting to take 1,500 points of space. The above are all the arrangements made by Lin Kun today. At present, the market is still bottoming out, and it is normal to have a small rebound in the middle. As I said before, the rebound is just to pave the way for the next dip, and the short position is over!

From the 4-hour chart, we can see that the market has been going down with continuous big negative lines. The continuous negative line entities directly offset the rising energy. Time is exchanged for space, and the neckline is directly broken. Obviously, the price of the currency continues to fall, and the Bollinger band opens downward. The price of the currency runs below the lower track and falls in a step-by-step manner. Even if the market rebounds, the strength will not be particularly strong. The support below is constantly broken. It can be seen that the bears have continued to explore, so the overall structure is still in a weak position. In the future, we can still go short on the rebound!

For Bitcoin midnight operations, Lin Kun personally recommends that the price rebounds to 98850-99350 and the target can be 97500-97000!