#比特币市场波动观察

Bitcoin's recent price movements have been quite volatile. Here is a summary of its recent situation:

Recent Price Trends

- On December 16th, during the Asian market's early session, the price of Bitcoin surged again, reaching a historic high of $106,495.

- On December 20th, the price of Bitcoin dropped significantly, and as of 18:25 Beijing time, the decline expanded to 7.5%, falling below $94,500.

- On the evening of December 21st, the price of Bitcoin against the US dollar on the Binance trading platform was $97,524, with a 24-hour increase of 0.46%.

- On December 22nd, according to analyst Liang Qiu, Bitcoin's price peaked at $99,500 in the early session, then faced selling pressure and retreated. The overall price movement was quite large, and it is recommended to enter long positions around $96,400 to $97,000, targeting near $99,500.

Influencing Factors

- Policy Factors: Federal Reserve Chairman Powell stated that the Federal Reserve is not allowed to hold Bitcoin, among other related statements, which led to a decline in Bitcoin and increased market hedging demand.

- Market Factors: Since the US election on November 5th, the price of Bitcoin has risen over 45%. However, profit-taking sentiment emerged in the market, leading to a price correction.

- Technical Factors: From a technical perspective, after a significant increase, Bitcoin's price faces some correction pressure, with several key support and resistance levels impacting its short-term trend.