December 29th Weekend Current Market Analysis!

Recently, Bitcoin has been in a slight oscillation trend. This week, due to the Christmas holiday, the market was closed for three days, and currently, it shows a slight upward oscillation trend, with bulls temporarily in the lead, overall presenting an oscillating pattern.

At present, many hot funds have not yet poured into the trading market in large amounts, leading to frequent and sensitive price fluctuations, with trading activity being relatively light.

Since reaching 93,000, it has shown an oscillating upward trend, and this rhythm is difficult to change in the short term. Timely adjustments and acting in accordance with the trend are the best strategies. Moreover, the current oscillating upward structure has already formed, so a strategy of buying on dips should be maintained.

Operation suggestions:

Buy in the 94,500-94,000 area for Bitcoin, with a target looking at 97,500. If it breaks that level, the second target can continue to be looked at at 99,000!