Trade War Under Financial Battlefield: Can BTC Become a Safe-Haven Artifact?
On Christmas Eve, U.S. stocks rose slightly, allowing retail investors to enjoy their holidays, but the trade war between the East and the United States exacerbates economic pressures, increasing the risk of corporate bankruptcies, while financial investments and consumption continue to degrade. BTC rebounded with reduced volume influenced by U.S. stocks, but the upward momentum weakened, remaining in a震荡回调形态 (oscillating correction pattern), with upper pressure around 99000 and lower support at 95555 and 92723 on the four-hour level. It is advised to operate cautiously, avoiding heavy contract positions, and wait for a true repair of indicators before positioning. The current market is similar to December 2023, with a real rise expected in mid to late January, and the correction has not ended, it should retest the 30-day moving average around 88000, which is the last opportunity to bottom out in a bull market, and a unilateral rise may continue for 1-2 months, with BTC prices between 120000 and 150000.
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