12-30 Bitcoin Analysis:
From the weekly perspective, Bitcoin has already dropped 15% after forming an engulfing candlestick. In a bull market, a 10%-20% pullback for Bitcoin is quite normal. After the appearance of the engulfing candlestick, whether in the restricted group or publicly, it has been clearly stated that the short-term trend has entered a bearish phase. From the candlestick perspective, there is a strong support at the weekly level at the price level of 85000, which is also the midpoint of the FVG. Whether there will be a pullback to that level is uncertain.
From the four-hour perspective, potential bullish liquidity is around 92000. In the short-term level, the range of 920 and 900 is a potential bullish position. Therefore, if you are planning to invest in spot, you should start to accumulate your positions in batches at 920-900-850. It is not possible to place all your orders at a specific position you are optimistic about; you can only buy in batches at particularly advantageous positions.