Crypto Scholar: The Truth Behind Bitcoin's High Consolidation on December 26! How Will the Ascending Flag Perform?

　　The current price of Bitcoin is 99,200. It is currently 4:30 AM Beijing time, and the market is still operating according to the expected strategy, breaking through 99,000 near 97,000. Half of the first target set at 99,500 has been secured. As of the time of writing, yesterday's K-line reached a high of 99,400, so it has not yet reached the first target and is currently held. This slowly stretching trend in this consolidation is expected to continue, so while it can decline at high levels, do not sell off all the northern chips; just look for opportunities to secure part of the profits, while the rest can continue to observe the previous highs.

　　Currently, the daily K-line's lowest point is 97,600, and 90,000 has not been broken. The bearish trend has not completely opened, but that does not mean the bullish side has opened either. The current market can only be characterized as high-level consolidation; however, from the perspective of Bitcoin's price, the oscillating trend also belongs to a wide fluctuation, with fluctuations in the thousands of points. Therefore, there is profit potential, and it's not small, especially as the daily K-line has reached the highest point of the EMA trend indicator and is consolidating. The MACD is shrinking, with the DIF and DEA falling below the 0 axis and continuing to spread at high levels. The Bollinger Bands' consolidation channel has opened, with the K-line pulling back to below the middle track of 99,800.

　　The four-hour K-line shows an ascending flag pattern, focusing on the pressure at the previous high of 99,500. If it breaks, the flag pattern will break, and the bullish trend will start a new round of market activity. The MACD volume is increasing, with the DIF and DEA pushing upward towards the 0 axis, coupled with the opening of the Bollinger Bands. The upper track broke 100,000, reaching 100,350. If the bulls continue to exert force, the previous high can be used as a short-selling exchange point; if it breaks, proceed northward; if not, reverse southward. A red heart with two hands ready, as follows:

　　Short-term strategy reference: Safety first, small losses and large gains are the goal,

　　Long position trial point 99,400 to 99,800, if it does not break, stop loss at 300 points, target 99,000 to 98,500, if it breaks, look at 98,000 to 97,500.

　　Short position trial point 99,400 to 99,800, if it breaks, long position, stop loss at 300 points, target 100,500 to 101,000, if it breaks, look at 101,500 to 102,000.

　　Long position trial point 97,000 to 96,500, stop loss at 96,000, stop loss at 500 points, target 98,000 to 99,000, if it breaks, look at 99,500.

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