Atenção⚠️Atenção⚠️

Last night the market experienced extreme volatility, with over a million people facing liquidation and stop-losses. The events of last night can be described as an unexpected market shock, as the Federal Reserve unexpectedly released hawkish signals during its last meeting of the year, even mentioning a lack of trust in Bitcoin, which undoubtedly posed a significant bearish impact on the market. As a result, the US stock market, the cryptocurrency sphere, and the gold market all suffered major setbacks.

Under such policy influences, even the most solid technical support may be broken. In last night's article, we mentioned that the right shoulder pattern at the one-hour level for Bitcoin has formed, and the market's trajectory is as expected. We also noted that Ethereum would further decline if it broke below 3750, which indeed happened.

Facing the current unfavorable patterns, we need to reconsider our strategies. Previous support levels may now become resistance levels. If Bitcoin cannot rebound above 103000, then a moderate short strategy can be considered. If the rebound strength is weak, then the pressure level around 1036 may be sufficient. As for going long, we may need to wait a bit, for instance, if the price retraces to around 940000 or 90000, such levels may be more prudent.

Remember, the market is always full of variables, be ready to adjust strategies at any time, 🎢🎢🕹🕹#热门话题 #比特币战略储备 #决议 #加密市场回调 #BTC☀ $BTC $ETH $XRP