12/15 Sunday Analysis and Suggestions:
From the current market situation, yesterday the Bitcoin experienced a price increase followed by a pullback, indicating that it still faces significant resistance in its upward climb. As it is the weekend, market trading is relatively light, making it quite challenging to break through the existing consolidation pattern in the short term.
Recently, Bitcoin has attempted to break upwards multiple times but has not achieved decisive results, subsequently entering an adjustment phase. Observing the four-hour technical chart, we can see that it has reached the lower edge of the downward channel, but the round number level of 100,000 shows some stability in support. Based on this, this Sunday, our trading strategy will continue to act according to the upper pressure levels and will be flexible in our layout.
Short Bitcoin around 102,500-203,000 on the rebound, targeting around 100,000
Short Ethereum around 3,900-3,950 on the rebound, targeting around 3,800