2024-12-26 btc Morning Thoughts

An hour ago, the btc price surged for the third time, reaching 99,500. Although it went up to 99,580, it immediately faced selling pressure and fell back to 98,300, which can be considered another failed breakout.

However, from the current 15-minute structure, this failed surge still did not form a reversal but aligns with the view mentioned earlier that it continues to build a central consolidation.

Therefore, there will still be a fourth attempt to rebound from the resistance level, and from a timing perspective, the fact that the price can hit the same level four times without a major pullback already indicates strong buying momentum. The drop after the third false breakout seems more like a strategy by the main players to accumulate while shaking off retail investors. Thus, current short-term traders holding long positions just need to set their stop-loss and hold steady without getting shaken out. $BTC #BTC走势分析

Morning Trading Suggestions:

Buy btc at the current price, aiming for around 101,500.

Buy eth at the current price, aiming for around 3,600.