12.24 Market Overview: Gold breaks 4500, BTC still hovering
BTC closed this morning with a shadow above and below, showing a bearish candlestick, with an intraday oscillation structure #比特币与黄金战争 $BTC
Gold breaks 4500, BTC still hovers around 9W; coupled with Christmas and New Year, Europe and America are entering a 15-day holiday, so the stock market and crypto market will not see much fluctuation; hold on and wait for opportunities
BTC has effective support at 8.67 and 8.5, resistance at 8.9 and 9.06; the market remains in a narrow oscillation, go long at 8.79, add to positions at 8.67 to lower the average holding price, just patiently wait for the market to move out; if you have no positions, you can ambush a long position at 8.67, if 8.79 remains flat for 2 days, it must break out in a V shape, once it breaks 8.79 and stabilizes, go long; continue to ambush shorts at 9.06, defend at 9.2, targets are 8.92 and 8.79
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