On Saturday morning, the market showed a slow upward trend yesterday morning, but it was quickly slammed down in the afternoon. This kind of market behavior is quite common at the end of the year, as there are large amounts of settlements, whether for cashing out for the holidays or for companies to balance their accounts. Moreover, on Friday, at 4 PM, there were still a lot of options settlements, so there is not much to say about this decline; the rhythm is already very clear, washing out the shorts and then washing out the longs.

From the current market sentiment, there is still a high probability of continued downward breaking. Next, we need to pay attention to the support levels below: 92000, 89000, and resistance levels at 96500, 97500. It is highly likely that it will not hold, and the probability of breaking down is very high. Once broken, it will be 89000. For everyone’s operations, it is mainly about shorting on rebounds.

The market situation is changing rapidly, so don’t be blinded by a temporary rise. Just because a rise starts does not mean it will continue to soar. Just like yesterday's Bitcoin, the bulls seemed fierce, but in reality, they were lacking momentum for further attacks. In this way, the bears may wait for the "window period", and it is very likely that they will continue to press down after gaining strength.

Morning BTC short-term operation: rebound in the 95000-95500 area, target at 93500-92000.

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