12.26 Afternoon Thoughts and Trading Strategy

In the morning, the Bitcoin price surged to 100000 but failed to break through and declined to around 98500, currently near 99000.

From the one-hour level chart, the K-line is blocked by the Bollinger Bands, and the MA5 and MA10 moving averages are parallel, with decreasing momentum.

Afternoon Trading:

Bitcoin rebound around 98700—99500

Target 97000—96500

Ethereum rebound around 3470—3520

Target 3420—3380 #BTC☀