Zhao Youdao: A Surge! 12.25 Bitcoin Trend Analysis

Yesterday, as the US market opened, Bitcoin surged in a one-sided manner. It is currently breaking away from the lower fluctuation range on the daily chart, with the price approaching the pressure near the middle Bollinger Band. On the hourly chart, after the surge, there is a need for a pullback. Youdao suggests

Buying Bitcoin on a pullback at 97500~98000, with a stop loss at 97000.

For short positions, consider opening around 99000~99500.

Youdao suggests buying near 3450 on a pullback, with a target of 3550~3600.