12.14 Weekend: Insights for the Day!
The weekend has come again, and the market rhythm has become lazy, with volatility becoming increasingly calm. Just last night, the market seemed to gather strength, repeatedly launching attacks on key price levels, but each time it felt like hitting an invisible wall, getting quickly pushed back down as soon as it peeked out. Currently, the price is hovering around 101200, and given this situation, it's indeed quite challenging to break through this price bottleneck in the short term.
Looking at the current market, the oscillating pattern still firmly controls the situation. During this period, the market seems to have lost its soul, with almost no continuity in the movement, going back and forth without stopping. Just a few steps up and it gets pushed down by pressure; at this time, if you're doing short-term pullback operations, the choice of points is quite broad, so there's no need to be too tangled in your mind. Once the price falls below 100500, it's time to go with the flow; don't be greedy this weekend, securing profits is the most practical!
Saturday Operations
For operations, Ye Wei suggests shorting Bitcoin around 101500, with a target looking down at around 105000-99500!
Short Ethereum around 3950, with a target looking down at around 3850-3800!
Recently, the market sentiment has been strong, with both short-term and swing operations sailing smoothly. If you're not good at grasping the market, trust Ye Wei, and you won't lose direction; Ye Wei will take you on a journey through the crypto world.