Zhang Junyao: 12.9 Bitcoin Market Analysis and Trading Suggestions

Bitcoin is currently consolidating around 98,300. From a monthly perspective, it remains in a bullish trend. Although there has been some short-term weakening on the daily chart, the overall trend has not been significantly affected. The 4-hour chart is showing a downward trend in the short term, and the intraday outlook leans towards bearish sentiment. Overall, the short-term trend is likely to oscillate downward, while the medium to long-term outlook continues to favor bullishness.

If the direction is wrong, all efforts are in vain. There are no wrong market conditions, only wrong people. It is important to follow the right people. #BTC☀ #ETH🔥🔥🔥🔥

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