12.26 Thursday Market Highlights:

As for the current market situation, the daily structure has entered a corrective phase, and the space for the correction is shallow. This does not affect the operation of the main trend, and ultimately it will return to the technical pattern.

On the four-hour level, after being pressured by the upper Bollinger band, it broke through the middle band and closed above it, disrupting the strong upward pattern relying on the middle band. At the same time, after the upward space of the second wave was released, it experienced a high pullback, breaking the strong upward trend in the short term. This wave of correction is not a trend reversal; it is still a correction to gather strength, and the next rally will also explore higher positions. It is still too early to talk about a market reversal; there was no significant correction during the previous rise, and the local pullback strength has already provided support, so there is still good upward space for bulls in the future!

Bitcoin buy in the range of 97800-98300, looking up to 99500-100000.

Ethereum buy in the range of 3420-3450, looking up to 3550-3650.