Thursday Evening Thoughts on 12.26
From a technical analysis perspective, during the downward process, the trading volume significantly increased, indicating substantial selling pressure in the market. During the subsequent consolidation period, the trading volume gradually diminished, suggesting a decrease in market activity. The moving averages gradually flattened during the consolidation, reflecting a temporary balance between bullish and bearish forces. The MACD indicator displayed fluctuations near the zero line during the consolidation, clearly showing that market momentum has weakened, and the market lacks a clear directional driving force. In the evening, we can participate with a low long position.
Thursday Evening Trading Recommendations for 12.26
For Bitcoin, consider a long position in the 95500-95000 range, targeting the 96500-97500 range, with a stop loss of 600 points at $BTC #比特币市场波动观察 .