#加密市场回调
BTC Market Analysis (4H)
The major coin has been performing weakly these past few days, causing many people to start looking bearish, which is really funny! The major coin surged to $100,000 this time, and there wasn't much of a pullback or sideways adjustment in between, so now that there is a correction, everyone is turning bearish? Currently, the price fluctuations of the major coin are still within the normal adjustment range!
In terms of trends: a wedge-shaped adjustment channel has started to appear on the four-hour chart. The support below can be closely monitored around the previous low point, and the rebound after this wave of decline is not very strong, but rather in a state of gradual decline. Therefore, we need to pay attention to the support at the low point of this pullback, as well as the support at the pin position of 90200, to see if a double bottom structure can be formed to initiate a new rise!
Additionally, with Christmas approaching in the USA, the market is not performing very strongly, so we can observe the trends after past Christmases. Thus, the decline during this stage is an opportunity!
Key focus points: below 92240, 90200; above: 99450, 103000