December 26th Bitcoin Layout
1. This morning, Bitcoin attempted to break 100k again but failed, touching around 99950 and starting to pull back. It is currently around 98000. There have been multiple attempts to test the high within 24 hours, but all have ended in failure. What comes next: will it continue to push upwards, or will it drop down into oblivion?
2. Currently, the US stock market is closed for the Christmas holiday, limiting liquidity and causing noticeable market fluctuations. The roller coaster market is playing out every day. First, during the holiday period, I believe the chance of Bitcoin breaking new highs is unlikely. After peaking at 99950 at 7:30 AM, it has been on a downward path with no signs of stopping. New highs are definitely on the way, but we will have to wait until after the holiday. During this period, it is highly likely that adjustments and corrections will take precedence, and the market will likely experience a decline. My strategy does not like to make everyone guess; I will provide the keys to act on.
3. Bitcoin short strategy: Market price around 98100-98600 short
First tier target: 96900-97400
Second tier target: 95600-96100 Structure position: 94300
