Yesterday afternoon, the market fluctuated as expected. In the evening, the US stock market opened high all around on Christmas Eve, driving the price ratio further up. Due to the holiday, many friends did not place orders, and we also took a short break. When the upward trend arrived, those who could keep up directly arranged to enter the market for long positions. Subsequently, the bulls surged, and it became unstoppable, slowing down only near 98000. The real market took the lead to exit and then made further arrangements for oranges. At midnight, it directly looked at the previous high of 99500 and set stop-loss and take-profit levels before resting. It's a bit regrettable that the price ratio peaked at 99450. After getting up in the morning, we did not wait too long and exited the real market, securing profits. At present, the overall market is stabilizing. Whether the subsequent trend can continue the bullish momentum and stand firmly at the 100000 mark still requires attention to the market reaction during the US stock market's break.

Currently, from the daily perspective, a large bullish candlestick has recovered the declines of the previous three trading days, indicating that the deep correction in the bull market may be nearing its end. The possibility of a new high in the subsequent market is quite large. The overall structure indicates that although the price ratio has retraced, it has never broken the important support level of 90000. As previously analyzed, it is difficult to stabilize at the 100000 mark in the short term, so it is necessary to focus on the key support level of 90000. In a bull market, the mainstream strategy is to buy on dips. From the four-hour chart, after a narrow range of fluctuations yesterday, the market broke through the downward trend line and recovered to the upper track, demonstrating strong bullish momentum. Although the pullback at midnight was limited, it was not enough to change the overall upward trend. There is still an expectation for the price ratio to test the previous high again. The short-term operating channel is narrowing and becoming parallel. The market is undergoing another adjustment, and we will arrange long positions during the pullback. Both short-term long and short positions are viable.

Long positions for Bitcoin 98200-97900, target near 100000

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