A new week begins, and it's now 13:50 Beijing time. Bitcoin is a bit too weak, and the four-hour performance is not very ideal, with a dip that is too large. If it stops falling and continues the upward trend, it must close above 940-953 on the four-hour chart, or it should not drop below 924 during the pullback.
The break below 933 was somewhat unexpected, but there hasn't been a strong demand for continuation of the downward break below 933. Let's see how the U.S. stock market performs tonight; it hasn't been very ideal lately, and Bitcoin has been following the downward trend. However, it has been in a downtrend without a waterfall-style drop. Even if it breaks down, there will be rebounds and fluctuations, and it seems like it's waiting for something, with general trading volume.
If it effectively breaks below 924 tonight, then we should exit the positions from the 933-938 range on a rebound and re-enter at lower levels. The positions around 941 can be added back after a break below 924, and then exit on the rebound. If it doesn't break down, we continue to hold, patiently waiting until after January 1. For the positions that are trapped, we should not move them for now; we should eat and drink as usual. "Adversity cannot extinguish one's ambition; as long as one doesn't die, there will eventually be a day to shine."
The performance of altcoins is better than Bitcoin, with support at 3300 being relatively strong. I hope it can remain strong and not be affected by Bitcoin, with resistance above at 2436-2511-2555.
This is my personal trading system. If you like it, please follow and give a thumbs up. Comments and discussions are welcome. #加密市场调整