December 26 Review

Due to Christmas, BTC experienced slight fluctuations yesterday, with movements only around 2000 points. This morning it peaked close to 100,000, still facing resistance at the 20-day moving average on the daily chart, which is currently a strong resistance level.

From the hourly perspective, BTC has formed a small range, oscillating between 97,000 and 100,000.

Currently, from the daily chart perspective, the first wave of decline is from 108,000 to 92,000, and the second wave rebound is from 92,000 to 99,900. There will be a third wave of decline after the next drop near 100,000, expected after New Year's Day, targeting below 90,000. This will create a perfect structural formation, and this round of daily declines will then conclude.

As the end of the month approaches, the market makers will likely aim for a positive close on the monthly chart, making it difficult for prices to drop significantly at the end of the month. With just a week or two until early January, we should be patient, and when BTC comes down to around 90,000, we should have the courage to buy.

Summary: The BTC daily rebound is nearing its end, and a new round of decline may start at any time. This is the last decline in this daily-level adjustment, and another drop presents a significant opportunity. The timeframe is mid-January.