12.22 Sunday Thought Analysis

  We still maintain a bullish outlook for the day, and in the early morning, we set the target for Bitcoin around 97000, looking at 96000 nearby. Currently, the market has pulled back to the 96200 line. This perfectly predicted the earlier wave, and we secured over 1100 units of Bitcoin.

  From the current perspective, the daily line has recorded a bearish inverted hammer pattern, leaving a long upper shadow, with two consecutive inverted hammer patterns further indicating the resistance above.

  On the four-hour level, the Bollinger Bands show signs of flattening, with the moving averages intertwining. After Bitcoin touched the 98000-99000 range, the momentum for upward movement shifted, and it is currently in a range-bound consolidation, oscillating around 97000 with multiple pullbacks. Overall, Bitcoin may continue to decline until it reaches a key support level, at which point it may rebound.

  In terms of operations, it is recommended to look for Bitcoin around 97000, targeting 95000.

  In the vast sea of people, you meet Ye Fan, which is fate! There are often horses that can run a thousand miles, but there are not many who can recognize them. Just as the thousand-mile horse achieves the talent scout, the talent scout also enables the thousand-mile horse; thus, choices are very important.