Brothers, good morning!

A new week is starting, which also means it's time to say goodbye to 2024 soon. This is the time to summarize what we've gained this year.

The market over the weekend has shown a sideways fluctuation until last night when volatility appeared. This actually aligns with the typical characteristics of weekend market behavior.

From the 4-hour structure chart, the K-line has shown a consecutive decline, being pressured at the 100,000 level, and is once again testing the double bottom support area. As of now, there are no signs of stabilization, so I expect there may still be probing pin situations to occur. If there are friends who want to go long, it is advisable to wait a bit longer until a probing pin appears, then take the opportunity to go long, as that would be relatively safer.

Bitcoin has retraced to the 92,500 - 92,000 range to go long, with a target near 95,000.