Thursday, will Bitcoin see a year-end rally after the 'Christmas Crash'? [High Score Spray][High Score Spray][High Score Spray]

Many people may not be familiar with the year-end rally. [Rolling Eyes]

In short, this is a rising trend that usually occurs in the Bitcoin market during a specific period at the end of the year, driven by various factors such as year-end tax adjustments, investor optimism, and the peak holiday shopping season. [Very Happy]

I personally believe that this rally will occur, but not at the moment. After Christmas, the market is primarily active with institutions, and most Americans are on vacation, so there is neither a net inflow nor significant selling pressure, and price fluctuations may not show a clear breakout. [Giving Flowers]

However, the arrival of the year-end rally is just a matter of time; the market may be in a range-bound oscillation in the short term. [Disappointed]

Back to the market situation, Bitcoin's price reached a high of 99,950 in the morning. Our long positions from yesterday should have already taken profits. Yesterday we mentioned that if the bulls show strong performance subsequently, then the pullback should not fall below the two key levels of 973-965.

Even if it falls below, it only indicates a weakening of the bulls and will not continue downward significantly. This viewpoint is still valid today. I want to emphasize again that for those trapped in short positions below 970, the time to get out is running out. [Looking Forward]

If there is an opportunity, one should decisively exit, and not blindly follow the trend thinking the price will drop to 910 or even below 900. It's important to know that blind optimism comes at no cost. After consolidation, the market will definitely enter a phase of upward movement. [Thinking]

Today we will still focus on low long positions, suggesting to enter around 978 with a target of 998. Additionally, short positions can be attempted close to the resistance level of 998; the closer, the better. [Calling]

If the price breaks 100,000, exit at breakeven on the pullback, even if it’s a small loss.