Bitcoin Christmas Market Analysis and Strategy
Yesterday, the Bitcoin market rebounded from a low point, reaching a peak around 99500, maintaining a broad range of fluctuations overall. Due to the upcoming holiday closing, there were no significant market fluctuations, which was basically in line with expectations.
Currently, the four-hour chart shows that the price is still constrained within the 98500 - 99500 range. Given that today is Christmas, trading activity may be limited, and significant market changes are unlikely. After previously finding a bottom near 92000, the bottom has gradually risen. Currently, the key resistance levels for the day are at 99500 and 100300, with support levels at 97300 and 96500. The suggestion for intra-day operations is mainly to adopt a low-buy strategy, with potential buying around 97600. If the price falls back to 97300, add to the long position, set a stop-loss at 96850, and target 99000 - 99500. Seize opportunities amidst market fluctuations while paying attention to risk control.
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