12.20 Midnight Thoughts

  In the weak intraday market, our trading ideas remain consistent. If the risk is too great, we won't take the risk. During the day, we indicated that Bitcoin was around 101,000, aiming for the 100,000-99,500 range, and then the market declined to the 98,700 line. This was a perfect prediction for this wave of decline. We easily captured nearly 1,700 points in the Bitcoin market, and our overall thinking was consistent with the intraday trend.

  From the current market perspective, the daily chart clearly shows a one-sided downward trend for Bitcoin, with bearish candles appearing. After a drop in the evening, the upward resistance force has become significant, indicating that the subsequent downward trend is only a matter of time. Signs of increased selling pressure have appeared, and the market remains in the downward center, with moving average indicators clearly pointing downwards. If today closes with a bearish candle again, the 100,000 area will solidify as a short-term bottom. Overall, multiple technical indicators are pointing to a firm downward trend.

  In terms of operation, it is recommended to trade Bitcoin around 101,000-100,500, with a target focus on the 100,000-99,500 range!

  In the vast sea of people, meeting Ye Fan is fate! Talented horses are common, but good talent scouts are rare. Just as talented horses make talent scouts, talent scouts also make talented horses, so choices are very important. #币安Alpha项目公布 #灰度SUI信托基金 #加密市场回调 #美联储放鹰 $BTC $ETH