12/19 Thursday Bitcoin Ethereum Market Analysis:
On Wednesday, a large bearish retreat occurred as expected, with short positions around 106,000. In the afternoon, it reached 103,000, faced resistance on the rebound, and then shorted again, falling below 100,000 in the early morning to take profits. There is significant room for correction, and the strategy was provided in advance.
Currently analyzing the trend structure, after testing the support at 103,000 on Wednesday, the rebound was minimal. The second drop broke 100,000 without any pause, closing at a low level indicating weakness. However, short-term fluctuations are present, and a single bearish drop without consecutive bearish candles suggests caution against aggressive shorting. Even if it breaks below 100,000 again during the day, it does not continue to break lower, stabilizing after the pullback. In the morning, focus on defending against rebounds based on the overnight low point, paying attention to the resistance levels at 101,000, 102,000, and 103,000.
Morning Strategy: Buy Bitcoin around 100,000, targeting 101,000, 102,000, and 103,000, with Ethereum moving in sync.
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