Liquidity is insufficient, and the market is fluctuating within a narrow range. Brothers, good morning. During these days of the Christmas holiday, I can clearly feel that the atmosphere has weakened somewhat. Bitcoin's volatility is a thousand points, with a small fluctuation of a few dozen points. Overall, it is still in a sideways consolidation. As I keep saying, breaking above or below is challenging. When it comes to trading, don't be too rigid; if you eat some meat, you should run first.
Regarding the same-direction targets, overall liquidity, and the four-year cycle, I still remain optimistic about Old A. After a brief upward breakout and retracement, as I mentioned last time, this is just that intraday operations haven't reached this point yet. Focus on intraday continuation range strategies: Short around 88,000, add shorts around 88,500-89,000, watch for 86,500, and if momentum is strong, target 85,500. Short around 2,970, add shorts around 3,020-3,030, target 2,900, and if momentum is strong, target 2,850-3,030. If the retracement does not break below 86,000/2,850, you can directly go long in the short term.
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Liquidity is insufficient, and the market is fluctuating within a narrow range. Brothers, good morning. During these days of the Christmas holiday, I can clearly feel that the atmosphere has weakened somewhat. Bitcoin's volatility is a thousand points, with a small fluctuation of a few dozen points. Overall, it is still in a sideways consolidation. As I keep saying, breaking above or below is challenging. When it comes to trading, don't be too rigid; if you eat some meat, you should run first.
Regarding the same-direction targets, overall liquidity, and the four-year cycle, I still remain optimistic about Old A. After a brief upward breakout and retracement, as I mentioned last time, this is just that intraday operations haven't reached this point yet.
Focus on intraday continuation range strategies:
Short around 88,000, add shorts around 88,500-89,000, watch for 86,500, and if momentum is strong, target 85,500.
Short around 2,970, add shorts around 3,020-3,030, target 2,900, and if momentum is strong, target 2,850-3,030.
If the retracement does not break below 86,000/2,850, you can directly go long in the short term.