In the early hours of Saturday, the Bitcoin market experienced a thrilling two-stage reversal, a fierce battle between bulls and bears that caught many off guard. Currently, the daily chart still shows a trend of fluctuating downward. Although there was a short-term rebound after hitting the bottom, the second drop point at 98,300 has not yet been reclaimed. At the same time, we have identified the bullish watershed on the daily chart at 99,700, which means that as long as the daily chart does not stabilize above 100,000, we will not look at levels above that, or even new highs. Moving downward, the endpoint of this round of decline will be at the 88,000 mark. If Bitcoin drops and touches this level this month, it would be bold to position long, as there are opportunities below 87,000, including altcoins, without hesitation.

In the short term, the four-hour chart has currently broken through short-term resistance, but has not continued to rebound. Instead, after facing continuous pressure around 97,800, it has retreated. Thus, we can consider this rebound after the bottom as merely a corrective rebound within the ongoing decline. From a technical perspective, the overall outlook is still bearish; the short-term watershed is at 98,000. If this level breaks and stabilizes, we will continue to look up to 99,000-100,000. Conversely, if it drops, we will look for a lower point at 90,000.

Midnight BTC short-term operation: rebound in the 97,800-98,300 range, targeting the 96,000-95,000 area.

The situation is significant, the winning streak continues, and if you are unsure about the bullish or bearish outlook, stick to your strategy and move forward together! Let's create brilliance again! #比特币市场波动观察 #加密市场回调 #圣诞行情预测