On December 21st, the daily line closed strongly in the green. Is Bitcoin about to rebound again?

Happy weekend everyone! The week of trading has come to an end, and the market is back in an upward cycle. A new trend may be brewing.

The Fed's interest rate cuts did not meet expectations, and the US dollar index remains strong, consistent with expectations. Although rate cuts are present, issues with expectations will continue to affect its trend. U.S. stocks have temporarily halted their decline, and commodities are also stabilizing. The volatile market will continue through December, with the overall tone remaining unchanged.

Yesterday, we also experienced a rebound in the market. I believe many of you had a comfortable trading day, and the strategy was clear: first look for upward movement, then for a decline, and finally look to buy the dip on the way back up. Although we didn't catch the bottom, we still managed to profit overall, which makes up for it.

I wonder how many people managed to profit from the Dogecoin buy signal shared in the community yesterday; I certainly did, and I am still holding it.

The daily line closed strongly with a long upper shadow. If the daily line forms a V-shaped rebound, this outcome will be a nightmare for the bears! I believe that once we break above the 99,000 level, the upward trend can continue. This V-shaped rebound is indeed possible!

Don’t tell me that it will drop to 80,000 or 70,000, as that is impossible. The bull market is still ongoing, and the hawkish Fed's rate cuts are behind us. In a bull market, every decline presents an opportunity. If you're making money by shorting, that's what you should earn. I never comment on that; I simply follow my own trading system. If this decline is your opportunity to short, that’s your business.

Over the weekend, I actually hope for a slow upward trend, waiting for Monday’s pump. I want to emphasize once again: as long as there are signs of a pullback this weekend, you can decisively buy in. Currently, we are in a high-level consolidation, and Monday will surely see a pump.

I am Hongding. Breaking the ice requires just one follow. Once I have over a thousand fans, I will live stream daily to analyze my trading philosophy and experiences with everyone. Thank you all!