The Asian market surged and then fell back, the European market consolidated, and the US market continued to decline. A short-term five consecutive bearish candles indicate a downward trend, with a possibility of retesting the 100,000 level below. The key support in the four-hour chart is at the BOLL middle track support around 99,500. Therefore, after the US stock market opens, Yingjie suggests maintaining a low long strategy to follow up.

Buy in the 99,600-100,100 area, with a target in the 101,500-102,000 area, synchronized with Ethereum!

The daily line dipped and rebounded, stabilizing above the 95,000 mark and slowly rising. In the early hours of today, there was another attempt to breach the 99,000 mark, and it is currently slightly retreating to adjust around the 98,000 mark.

As Trump's formal inauguration approaches, market sentiment is warming up, and Bitcoin is expected to challenge the 100,000 mark again. Today, focus on the resistance around 99,000-99,500, while the support situation around 97,000 should also be monitored. In terms of operations, it is recommended to mainly take long positions with low entries, while high entries should be secondary. During the weekend, the upward trend is particularly optimistic.

Go long in the 97,000-97,300 area, targeting the 99,000-99,500 area, synchronized with Ethereum!

After the New Year's Day holiday, market sentiment has warmed up, and the overall market remains in the adjustment range of 95000-98000. Next, pay attention to the New Year red envelope activity.

At the beginning of the New Year 2025, I wish everyone full of confidence and making money every day!

This week's market seems to be fluctuating, but the main trend is a rise followed by a fall. As long as we avoid chasing highs and selling lows, we can quickly recover. Last night, there were several attempts to break the 96000 mark, and the live trading provided by Yingjie gave a short at 96200, which was perfect, gaining over 2000 points.

Bitcoin continues to face pressure and adjust. Watch for resistance around 95000 and support around 92500. The rebounds provide opportunities for short sales. Today, we will continue with the strategy of going short at highs and long at lows.

Short in the 95000-95500 range, targeting around 93000, hold if it breaks, and Ethereum is in sync!

The trend is clear again and again, both long and short are possible, but below 96000, short is still the main force. The big surge in the early morning period gave us a good opportunity to go short. We caught it around 94800. Can the profit of 2000 points be pocketed instantly?

At present, the trend in the European market is ushering in a strong rebound. The upper resistance is still around 95,000, but we are already short around 94,200, waiting for the US market to bear fruit.

94200 is empty, the target is near 93000, continue to hold if the position is broken, ether is in sync!

Bitcoin plummeted below 93,000, hitting a low around 91,500, then launched a strong rebound breaking through the 95,000 mark, but ultimately fell again below 92,000. The market saw repeated fluctuations, with bulls defeated and bears rejoicing.

As promised, any rebound serves as an opportunity for short selling. The breakdown proceeded as expected; although it did not reach the 90,000 mark mentioned by Ying Jie, it refreshed last week's low. In the later part of this week, a drop to the 90,000 level is just a matter of time. Today, focus on the resistance around 94,000 and the support around 91,500. In terms of operations, maintain a primary short and secondary long strategy.

Short near 94,000, targeting the 91,000-91,500 range, with Ethereum in sync!

I have been saying this since last week. It surged before Christmas, plummeted after Christmas, and firmly looked towards 94,000/93,000. It tested here twice. Today it even fell below 93,000. If it breaks, it will chase it directly. Do you accept this definite short position?

Bitcoin: 94,089 short to 92,997, closed at 1,092 yuan

Ethereum: 3,420 short to 3,353, closed at 67 yuan

Breaking down, this wave is expected to test the 90,000 mark... ​​​

Shorts are all as desired, the two major targets of 94000/93000 have been perfectly reached, which can be considered the last trading gift of 2024, but the welfare red envelope continues to roll in...

Last Friday saw a significant drop, and after adjustments over the weekend, it couldn't even hold 95000, today even probing the 93000 mark again, with downside risks still present, the 93000 mark is precarious, and a breakdown is only a matter of time.

Today there are signs of a rebound, but the strength is very weak, struggling to reach 94000 before retreating. Next, we will look at the performance of the US market. If it follows the US stocks for a rebound, Sister Ying feels it will provide an opportunity to short. The upper resistance is focused on the 95000 area, while the lower support is primarily concerned with the 93000 level. If broken, there is hope to test last week's low or continue to decline, with this week's low target being the 90000 mark.

Short around 94800, target 93000, if broken, directly follow the short, synchronized with Ethereum.

Surging on Christmas Eve and continuing to rise on Christmas Day, it can be said that nearly half of the recent decline has been recovered. However, after the holiday, Bitcoin faced strong resistance at 100,000, experiencing pressure and a pullback. It has attempted to breach 100,000 four times, and today it welcomes another correction, indicating that 100,000 will be a significant hurdle towards the end of 2024.

In the short term, Bitcoin is slowly declining. After breaking the 98,000 support level, there are still signs of a correction. The short-term support is in the 97,000-97,500 range, while the key four-hour support is at the middle Bollinger Band around 96,500. Next, we will see the magnitude of this correction and the support situation.

Slow rises and slow declines are the most lethal. Everything can be determined based on real-time market conditions. In 2024, as it approaches the annual close around 100,000, be wary of black swan events. In terms of operations, it is still advisable to maintain a strategy of buying low while keeping high positions.

Buy in the 96,800-97,300 range, targeting around 99,000, in sync with Ethereum!

Understand the techniques of releasing positions, avoid taking ten years of detours…

On Christmas Eve, while others happily celebrate the holiday, you are still racking your brains to release your positions, spending all year round locked in and out of positions, going back and forth, physically and mentally exhausted, all for what?

What does it mean to be locked in? Taking Bitcoin as an example, under normal circumstances, exceeding 2000 points, 700-800 points is considered a regular loss, a normal market fluctuation is around 1500 points, and the recent volatility has been large at around 2000 points.

Releasing positions can be active or passive, of course, this needs to be analyzed based on real-time market conditions and combined with your own capital size. Since you are locked in, it must be a deep lock, everyone thinks about releasing positions actively because human nature is greedy, and being insatiable will often backfire.

If it's a deep lock, many people are reluctant to take a loss because this involves real money. There are several methods: gradual release of positions, high selling and low buying, locking positions, and the last one is the kind of heaven and earth lock or those deeply locked over ten thousand points, which is the loss-taking method.

I hope you can understand, but do not try easily; good risk control is the first priority, and grasping every wave of market conditions is our pursuit!

On the news front: Currently, the market is focused on two main points. One is whether the U.S. Congress will pass Trump's "Bitcoin Reserve Strategy Act," and the other is the influence brought by Trump's official inauguration.

It is difficult to say whether this is good or bad at the moment, as the first point remains unclear with no progress, and the second point indicates that Trump will not officially take office for less than a month. Looking ahead, it is bound to be positive, and while it may not be negative in the short term, it has raised concerns in the market, especially after Bitcoin fell below the 100,000 mark.

From a technical perspective, as seen in Figures 1 to 3 (hourly, four-hour, daily charts), market corrections in a bull market and rebounds in a bear market are normal.

Since the daily chart broke below 100,000, it has tested the 92,000 level twice, with the trend still leaning bearish. The four-hour chart continues to move downward along a descending channel and has been suppressed by the BOLL middle band; unless it effectively stabilizes above the 96,000 level, there may not be an opportunity for a reversal. The hourly chart shows no continuity in price movements, and the upward resistance is quite evident, even if there is a rebound, it still provides a good opportunity to short.

Today's trend is similar to Monday's; both trading days began to rise around 3 o'clock close to the European market opening. Whether today's trend can continue remains to be seen, as U.S. stocks will close early due to the Christmas holiday, with the next two days having one day off each. It is uncertain what kind of fluctuations this variable will bring, but we still maintain a high-level thinking approach.

Upper resistance level: 95,000-95,500 range, support level around 93,000.

Short around 95,300, target near 93,000, Ethereum in sync.

Some cry, some laugh, some become rich, and some go into debt; equal opportunities yet different fates, alas!

Today, the total achievement of four lines is: 8819/339, a day's performance surpasses what you can only hope to reach in a month.

Many friends want to say, "Sister Ying, I want to recover my losses," but when the opportunity is given to you, you say, "Sister Ying, I'm very busy." If a person needs to be reminded to earn a living, do you think they can seize the chance for immense wealth?

Opportunities are always reserved for those who are prepared. If you can't seize the opportunity, someone else will bear it for you. If you can't earn, someone else will earn it for you...

Up and down, it's still a waterfall in the end, everyone will make a lot of money tonight!

Bitcoin: Short from 96236 to 93227, crazy profit of 3009!
Ethereum: Short from 3349 to 3278, crazy profit of 71, 14000 for postage to Luodai!

A benefit delivered before Christmas, enjoyed it, short around 96300, in the real market, continued to short at 95200, chasing shorts at 95000, perfectly catching the ride of the trend, this is the happiness of a full meal.

Tonight, the bulls are heartbroken, let the trend dance wildly, if it breaks below 93000, there is still room below...

The US stock market really surged and then fell back, just like last week's trend, continuing to be perfectly grasped. Last week, every time before the US market opened, Yingjie would provide a short position strategy, but today she didn't give one, and many people came to ask why not? Because I've given you too much for free, too much trust has been betrayed...

Tonight, it will definitely break the early session low, and three big bearish candles will definitely allow you to profit from your short positions to the fullest... ​​​

The performance of Bitcoin during the Christmas/New Year holidays over the past five years. From December 20 to January 6, Bitcoin has shown significant volatility, but the actual price fluctuations, except for the particularly severe year of 2020, remained within 10% in other years.

In 80% of the years, the price performance of Bitcoin in the following two months has been quite good. If the buying opportunity is narrowed down to one week after New Year's Day, the possibility of profit is still around 60%.

Observing the performance of the Nasdaq index over the past five years, there has been substantial fluctuation during the Christmas period; however, the overall price change is not significant. Therefore, it can be inferred that: the end of the holidays will not have a large negative impact on Bitcoin from the U.S. stock market.

In summary, although this bull market has been greatly influenced by the inflow and outflow of BTC ETFs, the Nasdaq index did not show a significant decline during or after the Christmas period, resulting in a minor impact on cryptocurrencies. The price performance of Bitcoin itself is contrary to the speculation of a 'Christmas crash'.

Bitcoin dipped and rebounded, especially after a consecutive pin bar, standing tall with a "hammer candle", followed by a large bullish candle that reversed and broke through and stabilized above the 95000 level. In the short term, bulls are strong, but there is still resistance around 97000 above. In terms of operation, one can short at the resistance level and pay attention to the 95000 support and conversion point below.

In the European and American sessions, short near 97000 first, targeting around 95000, depending on the break situation, while Ethereum follows suit!

95000 perfect breakdown, Sister Ying directly shorted near 95900 yesterday, isn't the value directly increased, and she got to profit again? 😃

Image 1: Who dares to short at this position? Sister Ying is brave enough!

Image 2: Combining news with technical analysis, isn't it a perfect prediction, a legendary existence!

A big tree catches the wind, Sister Ying never comments on peers or retail friends, but some people always criticize me for no reason. If my trade is wrong, it's fine for you to correct and criticize me, but if I'm right and you still act like this, it shows your mindset is too 'great', just like a woman who is petty. In the trading circle, can you still expect a comeback?

December 23, 2024 at 2 a.m.

Bitcoin bull market respite or bull market over?

News: A 25 basis point interest rate cut in December. Buy expectations and sell facts. Powell’s speech was biased toward the hawkish side. Double negative news caused the pie to fall inertia after falling below 100,000.

Will Trump’s proposal to establish a strategic Bitcoin reserve pass Congress?

For now, we don’t care whether it will be passed. As long as it is not passed, it is a profit factor. But Sister Ying thinks it will be passed sooner or later, because Trump will take office on January 21, 2025. Let’s take a look at Trump’s appointments to the US SEC. , basically all related to encryption.

However, before this point in time, Sister Ying believes that the market is bound to drop further. Even if the current high falls by 13,000 points, it is still at least in the respite stage of the bull market. Unless it effectively falls below the 90,000 mark, it will peak in the short term.

The more the pie falls, the crazier some countries and institutions become because they are desperate to buy, but there are also many institutions that are stuck and want to get out of the trap, as are many retail investors. Who will drive this rhythm and where will the capital flow come from?

95000 is a key point. If it breaks below, it will be the second test of 93000/90000. Once again, it is emphasized that if you do not effectively stand above 98000, you can still maintain a high-level thinking.

The momentum of the four-hour short-term rebound is relatively weak. Once it breaks down, there will be another plunge. Keep waiting, duang, duang, duang...

Winter Solstice, blessings and good luck come; love life, love yourself, welcome to join Sister Ying’s family, 👏🏻👏🏻👏🏻

Big Pie: 99327 short to 97780, 1547 yuan
Ether: 3553 short to 3427, 126 yuan, perfect 14,000 yuan.

The promised 100,000 strong pressure, did you get the high short? Today’s big pie and big ether are waiting for you. If you don’t get it, there are dumplings waiting for you on the winter solstice. Sister Ying is here, happiness is here... ​​​

The benefits delivered on the weekend must be enjoyed, just in time for the Winter Solstice, extra meal with chicken drumsticks🍗

99327/3553, already secured 900+/85+ positions, have arranged to reduce holdings and hold on... ​​​