Today's Morning Analysis:

Happy weekend, brothers and sisters;

Do you have long positions on Bitcoin? In which range are you trapped? Or are you entering the market? If Bitcoin experiences a $5000 fluctuation next, can you withstand it? Currently, there aren't many long positions trapped in the 100500-101500 range, while there are slightly more trapped long positions in the 97800-98500 range. Now, if the 94500-95000 range is not the bottom and cannot hold, then if it drops another $5000, many will be trapped here. At the beginning of December, when the upward trend has not yet ended, this range is the most effective support. I have also taken everyone to buy the dip here multiple times, but now we are in an adjustment phase, and the chances of stopping the decline here are slim. It is very likely a bottom formation deliberately created by the market makers to entice us to buy the dip, so if you want to enter the market, make sure to find a good pullback position for yourself. I find market analysis really tiring; I have to study technical patterns, the entire international economic environment, the current market timing, and also think about the market makers' trading strategies. A slight misstep can lead to a direct market change, so whether you are buying the dip, rebounding, or shorting, you must manage your pullback risk well and be alert to sudden market movements that might knock you out.