12/20 Afternoon Flight Situation Analysis and Trading Suggestions
In the morning, it dropped to the 96000 level, then rebounded to around 97700. Although the bears are strong, it is still not advisable to blindly chase short positions.
Currently, there may be further downward movement, but the chance of breaking below the 94000 level directly is very small.
During the day, short-term trading can rely on the 95000 level for support to rebound.
For Bitcoin, short positions at 98000-98500 and if it pulls back to the 95500 level, do not continue to short!