On Monday morning, the market briefly retraced to around 93,500 and then stopped falling, rebounding continuously to around 96,500 before facing resistance and dropping back. The intraday price range is still fluctuating around the range. After the US stock market opened in the evening, the market fell again, breaking the intraday support at 93,500 and continuing to face resistance around 92,800, without giving the bears too much continuation. We reminded everyone to approach with a wide-ranging fluctuation mindset today, without pursuing a strong one-sided trend. After the US stock market opened, we followed the trend accordingly. With this rhythm, we captured a total of 5308 points in Bitcoin and 221 points in Ethereum today. Whether the market is easy to trade, those who followed along today naturally understand, as it revolves around a range of long and short operations. The opening of the US stock market changed the intraday fluctuation pattern to a one-sided trend, providing critical support and resistance for both long and short positions, making operations very straightforward.

After the daily structure underwent wide fluctuations during the day as a consolidation, the bears expanded in the evening, repeatedly probing lower and breaking below the 93,000 line, continuing to test support around 92,000. The current daily structure has fallen to near the lower Bollinger Band but has not directly broken below it and stabilized. The Bollinger Bands have flattened, indicating that the daily structure will undergo fluctuation consolidation. Currently, the running period has explored down to the lower band, suggesting that there is still room for a rebound. The 4-hour chart showed a large bearish candle crossing the lower band, but due to the support from the US stock market opening data, the price did not further stabilize below 93,000, which is a typical pullback, setting up momentum for future highs. Although the current market shows fluctuation, if the high is broken, the trend will change accordingly, and the rhythm of the bears will also be interrupted. Given the current strong bearish trend, we still maintain a mindset of buying on retracement as the main approach.

You can buy Bitcoin at 92,700-93,200, with an initial target around 95,000. You can buy Ethereum at 3,270-3,300, with a target near 3,400. #圣诞行情分析 #比特币市场波动观察 $BTC $ETH