Big pancake 98231 in 99199 out, secured 888 points, earned 24,000 oil

Thoughts in the afternoon of December 25:

Yesterday's market rebounded strongly after bottoming out, and the overall trend during the day was range-bound. After the opening of the U.S. stock market in the evening, the market started a strong upward trend. Bitcoin rose to around 99,500 in the early morning, approaching the 100,000 mark, and Ethereum also rebounded to 3540, which was highly consistent with the rebound and rebound we predicted yesterday. However, when the market closed at 2 a.m., the trend retreated. Today is Christmas, and the U.S. stock market is closed. The market's main trading activity is likely to decrease, and the volatility is expected to be limited. Now that Bitcoin has reached 99,000 again, it has rekindled the hope of the bulls, and many people can't help but wonder whether the bulls are about to make another effort.

From the 4-hour chart, the Bollinger Band channel is rising, and the bulls' strength is continuing to accumulate steadily. The K-line trend is as we expected before, and there are signs of a pullback near EMA220. The support below is strong and powerful. EMA30 and the middle track of the Bollinger Bands jointly build a solid defense line, especially the key support level of 3400 is very stable. At the same time, the upper top area needs to pay attention to the pressure of EMA120, that is, the possibility of breaking through the 3600 mark. In terms of the MACD indicator, although the volume above the 0 axis has been reduced, combined with the hourly line trend, if the intraday callback rhythm is relatively slow, then the closing degree of the fast and slow lines will be relatively weak. Such a market situation may continue until the night, and then the market is expected to start a new round of rising market.

Big cake can be more than 97900-97500, the target is around 99500-100000
Second cake can be more than 3480-3460, the target is around 3530-3550

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