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【Personal Analysis and Outlook on the December Crypto Market】In the next week, the strength of clearing short orders for BTC is consistently above 150 million per pump of 100 points, reaching its peak at 99,100-99,700. However, the clearing of long orders is relatively weak at 92,000-91,000 and around 90,000.
At around 10 o'clock today, btc stepped back on the lower band of 1H boll, that is, a strong Rebound approached 97000, directly clearing the large short order within 1k points. At the end of the month and the beginning of next month, as long as it does not effectively fall below 95,000, as soon as the 12.4 Fed wedge book passes, it may go up strongly, and there will be another unilateral pump. Although the daily candlestick opened downward, it was not obvious, and the 12-hour level turned upward on Wednesday afternoon, which has maximized the containment of the daily candlestick upgrade adjustment, so I said that the adjustment was basically over. This "end of adjustment" does not mean that the pullback on Monday and Tuesday is over (Tuesday afternoon began to predict that this wave of daily candlestickpullback is about to end, the earliest on the whole network), it will not fall again, and the market that does not fall at all will never exist, and there must be a certain fall if there is a pump, but the strength of the pullback is much smaller than the strength of the pump. Therefore, in the Bull Market, whether it is a short term or a medium to long term, dip hunting Long is the main means of trading.
For bloggers who are mainly shorting and bearish traders, they will consider the daily candlestick to be bearish, speculating that it will fall to 80,000 and 76,000. I always refute this point: even 90,000 cannot fall, so how easy is it to go to 80,000 or 70,000? Moreover, there are two strong supports at 95,000-91,000. Being too bearish will miss out on long opportunities on a large scale, and even short at a low position, eventually losing money. In a bull market, bearishness should be approached step by step, taking it one step at a time, and preventing the next step.
Within 12 months, there will be two attempts to reach 100,000, and once it breaks through strongly, it will go to a new high of 113,600-120,000. At that time, DOGE will break through 0.48 and move towards 0.56, SOL will move towards 300 (257 is the strongest short-term pressure, once it stabilizes here, 300 will be seen through), and ETH is expected to reach 4660-4996 after breaking through 4,000.