Crypto Mr. Coin: 12.25 Bitcoin (BTC) Market Analysis Reference

The recent market trend of Bitcoin has seen a sharp drop of nearly 4000 points, falling below 93000, with a rebound occurring around the low level of approximately 92500. Subsequently, the market has undergone a repair and consolidation, with prices experiencing an upward movement of over 7000 points, currently returning to the 98000 level, with short-term resistance at 99400. The market is in a state of stalemate between bulls and bears. The author, Mr. Coin, suggests that the recent fluctuations of Bitcoin are quite large, and it is advisable to control risks reasonably.

From the daily chart perspective, the trend shows multiple consecutive bearish candles, and the Bollinger Bands are in a contracting phase, with the market operating in the middle-lower track area. In the short term, both bulls and bears are taking turns to exert pressure, and price increases are hindered by the middle track resistance, while the upper resistance is slowly descending. If there is no breakthrough, as time goes on, the short-term oscillation market will be broken, and there is a risk of price retracement downward. Various indicators are showing a parallel posture, indicating that the intraday market is still leaning towards oscillation. Recently, the market even broke out a sharp drop of nearly 16,000 points, with a strong bearish sentiment. Currently, the trend is retracing to the lower Bollinger Band for a rebound, and although the subsequent market repair strength is relatively strong, the overall trend is still leaning downward. Additionally, the intraday price rebound has already faced resistance. If it cannot break through the 100,000 mark, it is expected that the price will be under pressure to decline. Therefore, it is advised that before a breakthrough, friends in the crypto community should refrain from chasing long positions, and be cautious of the market facing pressure to retrace again. The strategy should maintain a high short and low long approach.

Short-term reference for Bitcoin on 12.25:

Long position: Buy in the 95000-95500 range, with a stop-loss at 93500, and a stop-loss at 93200, targeting above 97000,

Short position: Lightly short in the 99700-100500 range, targeting 500-1000 points, with a stop-loss at 101500, and a stop-loss of 500 points,

Short-term reference for Ethereum on 12.25:

Long position: 3280-3330 range, with a stop-loss at 3150, and a stop-loss of 3130, targeting above 3400,

Short position: Short in the 3480-3530 range, with a stop-loss of 30 points, targeting 50-100 points,

The sending of messages may be delayed. Strategy suggestions are for reference only. The market changes rapidly, and no matter how high the judgment on the market is, it is essential to manage take-profit and stop-loss properly, securing profits safely. #加密市场反弹 #圣诞行情分析 #BTC🔥🔥🔥🔥🔥 🔥 #ETH🔥🔥🔥🔥🔥🔥