12.31 Morning Thoughts:
Good morning everyone! Today is the last day of 2024, let's wave goodbye to the unpleasant past and start anew in the coming year, becoming a better version of ourselves. Keep it up!
The Bitcoin price retreated from 94200 to around 91500 in the evening, then rose again from around 91500 to near 95300 in the early morning. Yesterday's rebound allowed us to capture a space of over 2200 points. After midnight, it again retreated to around 91800, and currently, the market is starting to fluctuate around 92800.
From a technical perspective, in the four-hour framework, the running channel still maintains a downward trend but has not been able to continue to decline. The bearish volume is still present but has not been released in an orderly manner, leading to strong competition between bulls and bears and driving fluctuating emotions. In the short term, there is back-and-forth pulling, with rebounds not stabilizing and dips hard to break through. Based on yesterday's intraday rhythm, it is expected that today will likely be a fluctuating downward trend during the day, with pressure concentrated at 94000 and support at 91000. After this short-term move completes, a rebound can still be arranged for a high short position, with caution to protect. #MicroStrategy增持BTC #2025比特币价格预测 #加密ETF申请热潮涌现
Bitcoin around 92800-93000 short Watch 91000
Ether around 3350-3370 short Watch 3250