Due to today's Christmas, the overall volatility of Bitcoin is not large. Lin Kun has also emphasized that the rebound is a short position. Day trading back and forth is still able to capture the three waves of trends as expected. Although there was a surge in the market yesterday, the resistance above was too strong, and ultimately it still faced pressure and fell back, so the overall direction remains bearish!

Today, Bitcoin's short-term double top has dropped, breaking the neck line, and the rebound strength is limited, with multiple dips indicating that the bulls are not very strong. What needs to be noted now is that the short-term moving average on the hourly chart is starting to cross above the long-term moving average, but the long-term moving average has not yet turned. If the long-term moving average also turns, then a strong rebound may begin. Then the strategy needs to shift to going long!

The current trend needs to be observed while walking; do not be eager for quick success. Taking it step by step is the most important thing. In the evening, pay attention to the breakthrough situation around 99500 for planning. The market is closed on Christmas, and the fluctuation will not be too large. Everyone can plan around the 99500-97500 range for long and short positions. The market changes rapidly; do not have a one-track mind. If the wind blows that way, you should lean that way; this is how to follow the trend!

For Bitcoin's operations in the evening, Lin Kun personally suggests selling at a rebound of 98950-99450, with a target down to 97500. If it breaks, continue to look down; if not broken, you can reverse to go long, targeting a space of 1000-1300 points!