12.21 Weekend Morning Market Overview: Wishing everyone a Happy Winter Solstice!

$BTC Bitcoin closed this morning with a hammer candlestick, and the market may rise today.

As of this morning's U.S. stock market close, the Dow rose by 1.17%, the Nasdaq rose by 1.03%, and the S&P 500 rose by 1.09%; the U.S. stocks have also begun to regain composure, and cryptocurrency will slowly follow the U.S. stocks to recover and consolidate.

From the favorable news on the 19th turning into bad news, large institutions started selling off, leading to yesterday's panic selling; the crypto market experienced a black Thursday with a gray swan event, Bitcoin plummeting by 12,000 points, and altcoins faring even worse, with countless being halved.

Will the market rise today as it is the weekend and repair itself? If the 4-hour chart breaks the resistance line and stabilizes above 98,300, then the market may start to warm up today, with Bitcoin continuing towards 100,000 for a consolidation; if there is a false breakout, a second test may occur, possibly around 90,000; once the market warms up, enthusiasm will return, and liquidity will increase; if it continues to pull back, the market will become quieter with FUD.

The current market is ambiguous, it is recommended to be cautious with contracts and observe; for those without positions in spot trading, you can build a position during the pullback, and for positions above 5 layers, wait until there is stability on the right side to enter; support at 94,320 and 92,535, resistance at 98,625 and 100,482.

The above information is for market analysis only and should not be used as trading advice; follow me so you won't get lost, I provide you with the latest news and point analysis every day, as well as the wealth codes you want, remember to like and follow!