December 30th Market Outlook Pay attention to the acceleration after the breakout of the box, will it be upwards or downwards?

From the K-line structure, a W bottom has formed, which is actually a horizontal fluctuation range box (as mentioned in the article on December 27th). There are long opportunities at the bottom of the box; those who can grasp it will benefit. Whether one can seize the opportunity depends on individual insight (I mentioned in the article on December 24th that there was a divergence at the bottom, which is the reason for reaching the bottom of this box).

Currently, Bitcoin is still fluctuating within this box range. Next, we need to pay attention to the breakout of this box and the subsequent acceleration. It all depends on how the market chooses to respond. Be ready to react at any time.

If BTC breaks below the bottom of this fluctuation box, and a K-line quickly falls below around 92,000, it will directly accelerate downward toward around 90,000. Once this action occurs, a rapid decline will follow; this is particularly important to note this week.

If bottom signals appear, we will discuss separately. This week is quite critical; today is Monday, the first day of the weekly cycle, and Wednesday is the first day of the monthly cycle. These three days are prone to reversals and require extra attention. #BTC走势分析 #BTC☀️