Yesterday, Bitcoin rebounded to around 99,000 after falling back to 96,100, which was stronger than expected. The current price is 97,800, and the 20-day line is at 97,300. It cannot be said that it has effectively stood on the 20-day line. It will take at least 3 trading days to stand firm.

At present, the 4-hour macd has already crossed, and a short-term correction has been started, but it is bearish and not short. Yesterday, it was also said that this position should be shorted. The dealer may falsely break through the 20-day line to lure more. We need to observe whether it will continue to fall below the 20-day line today and tomorrow. At present, the 20-day line is turning downward.

In addition, Ethereum rebounded very strongly yesterday, from 3,400 to around 3,600. This is the leader of the cottage. The volatility will be larger. The overall trend of Ethereum is still synchronized with the big cake.

As for whether the big cake can break through directly here, the probability is very low. The pressure level above 100,000 is very large. The daily line needs to continue to step back, so that the shape is perfect. The time node is still in mid-to-late January, which is only 2 weeks.

Summary:

1. Bitcoin daily line has not been corrected as a whole, so don't short it if you are bearish, and the target is still below 91500

2. Short-term corrections may start at any time, so be more patient and wait for the resonance of technical aspects and time #BTC☀