On December 31st, a long position strategy and logic were provided, with a target around 99,000. The highest reached was 98,900. Currently, the 4-hour chart has approached a resistance level and is under pressure, showing a bearish signal;
The long position for Ethereum was also suggested to take profit this morning. Moving forward, it is quite likely that Bitcoin will undergo a 4-hour pullback and continue a range-bound oscillation. Other mainstream cryptocurrencies will also adjust accordingly. If Bitcoin can return to around 91,500, combined with the daily chart showing a bottom divergence stabilization signal, we can start increasing our positions in the spot market. In this wave of rebound, the strongest performers like Solana and ETH take priority. This is how the exchange rate develops. In a bull market, the chaotic beauty can be mesmerizing; finding what suits you is the best. In the new year, I wish everyone prosperity! #比特币走势观察