12.28 Daily Currency Talk

Yesterday we exited our short position around 3320, but we just re-entered a position around 3350. Many teachers are bullish here, so we decided to go short.

From an emotional standpoint, 3400 is a good watershed, but unfortunately, we didn't get a position above 3400 to go short. So we had to settle for a short position around 3350.

The support for Bitcoin remains around 92000, and continued adjustments may break down and touch the 88888 node, causing many altcoins to possibly face another halving.

In the short term, we need to pay attention to whether Bitcoin can stabilize above 98888 to consider going long. If it cannot stabilize, we will maintain a mindset of switching from long to short, with the current resistance around 95700, further monitoring whether it can break through this resistance.

Finally, regarding Wld, we still believe there is a higher probability of a false short. We can only consider going short if it breaks below the limited support of 2.05; otherwise, we prioritize shorting ETH. The probability of a V reversal next month is still quite high.