December 23 Bitcoin Trend and Market Analysis: Long First, Short Later Strategy.
From the daily perspective, the current coin price is at the bottom area, in the process of a short-term rebound. The short-term resistance levels are at 96700 and 97400. In terms of trading strategy for the day, a high short strategy should be the primary focus, with low long as a supplementary measure.
With the current quote at 95700, a small long position can be taken, expecting to take profits near 96600. Then, watch for the testing situation at the 96700 resistance level; if this resistance level is broken, consider entering a short position at the second layout point, targeting 94500 and 93200.
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