#BTC Daily Market Analysis - 12.31

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Chart 1: Daily Chart

1) The trend is a fluctuating decline. Here, after the bsl plunder, the ssl was also plundered.

Attention should be paid to the price reaction at the ssl position here; it rejected further decline, still looking at the 8 beginning, focusing on the price reaction at the ob position.

2) If it maintains a fluctuation at the ssl and shows an upward structure break, then it’s time to pay attention to bottom-buying.

3) Today is the last day of the 24th year, and soon it will be the 25th year. Enjoy the fluctuations. Personally, I am looking forward to buying opportunities near 88.

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Chart 2: Hourly Chart

1) Yesterday's market was truly exciting. After a day of fluctuations building eqh high points, it fell to plunder the ssl and then went up to hit the eqh for a downward test of the ob.

So why operate like this??

a. Harvesting chasing up and killing down.

b. Eliminating short-term short positions.

c. Continuing to accumulate shorts.

So currently, I believe the decline has not ended.

As long as it does not break the bearish ob 958, it still looks bearish. If it breaks through, that will damage the structure, and I will look bullish on the pullback.

2) The lower target is first to look at 908, then 89.