$BTC The market is down because everyone is having fun on Christmas! ?
Even retail investors are no exception. The world seems to be quiet. The Middle East is no longer in chaos, and the conflict between Russia and Ukraine has eased. It feels like the whole world is cooperating with the American holiday.
In this case, we should not rush to move. After all, I will not move unless the enemy moves. Is anyone worried about whether Bitcoin will suddenly rise sharply? In fact, there is really no need to worry about this now. The big guys on Wall Street also have to live and rest. The leeks are on holiday. Who are the dealers jumping around for?
The recent small rebound of Bitcoin is mainly due to some dealers and hot money in East Asia. The dealers calculate each other. When the Western dealers rest, the Eastern dealers take the opportunity to harvest the leeks. There are also many things in East Asia. The demonstrations against the president of the Kimchi country are still continuing. Some countries even glorify the suffering of the people as self-improvement. It's really good.
Technically, BTC has been hovering at the lower edge of the rising trend line for a long time. If it fails to attack, it will have to pull back. Recently, liquidity has also been weak, with spot ETF funds flowing out, and Wall Street has not yet returned to work, so the market is fluctuating sideways. The upper pressure is around 99,500, and the lower support is between 95,000 and 90,500. If there is another big drop, it will be a good opportunity to buy in batches.
From the four-hour chart, the upper pressure is around 99,540, so you can try to short, and set the stop loss at 100,500. Now there is selling pressure above, so you have to keep an eye on the K-line, and the lower support is around 97,805, 95,555, and 92,723.
The opportunity will come again, so wait for the pullback with peace of mind. At that time, I will lead everyone to aim at the profit opportunities of the cottage to buy the bottom and layout the spot. It will definitely be no problem to double it. Follow me and leave a message to take you to seize the great opportunities of this round of bull market.
