$BTC Thursday, after the "Christmas Heist", will Bitcoin welcome the "Santa Claus Rally"?

Many people do not know what the Santa Claus Rally means. Simply put, it refers to a specific period at the end of the year when, due to various factors working together, such as year-end tax adjustments, optimistic investor sentiment, and the peak season for holiday spending, the Bitcoin market usually experiences an upward trend.

So I personally believe there will be one, but not now. After Christmas, the only ones working are institutions; most Americans are on holiday, with no net inflow and no significant selling pressure. Prices may fluctuate without a clear breakthrough, but it's just a matter of time before a rally comes. In the short term, it may be in a range of consolidation.

Now back to the market, the highest price in the morning reached 99950. We should have taken profits on our positions yesterday, right? We mentioned yesterday that if the momentum remains strong, it cannot drop below the 973-965 range. Even if it does drop below, it only indicates a weakening of momentum and won’t continue downward significantly. Today is still the same. Let me say it again: there isn't much time left for positions trapped below 970; if given the opportunity, they should exit. Don't follow the trend thinking it will reach 910 or even drop below 900. You should know that boasting comes at no cost. After some accumulation, there will definitely be a rally phase; trust Trump.

So today we will focus on low momentum, with an entry reference at 978. The target is 998.

Additionally, positions can try to approach the resistance at 998; the closer, the better. If it breaks 100,000 and retraces, exit to break even, even if it's a small loss.

This is a personal trading system. If you like it, please follow and give a thumbs up. Comments and discussions are welcome. #“圣诞老人行情”再现 #BTC☀