Wednesday: Christmas Eve recovers upwards, Christmas Day door retracts no
Only those who lie forever in the mud will not fall into the pit again. With uncertainties ahead and great dangers behind, one should prepare for rain before it falls and not dig a well while thirsty. Do not often feel unlucky; there are many who suffer more than you. It is not that the road has come to an end, but rather that it is time to change.
Last night's market saw a recovery and rise, but ultimately remained under pressure at the 99500 level. The bulls seem to be coming on strong, but have yet to reach an explosive upward trend. Currently, the market is consolidating at a high level, without a rapid ascent.
From a technical structure perspective, on the four-hour chart, the price has risen sharply and is consolidating in the upper area. Bullish momentum is releasing, but there is still a state of pressure. Short-term price movements show a second wave of upward testing, but a strong breakout has not yet formed. The bulls' endurance is not very strong, and with the market closing, do not chase after rising prices too aggressively.
Today's strategy is to focus on testing high pressure for short positions:
In terms of operation, I personally suggest shorting in the 98800-99200 range, looking at 97300-96800.