On December 7, Saturday, Bitcoin's night market trend!

From a short-term perspective, the running channel has opened downward to release space, the price has stopped its decline, and signs of recovery have already appeared. The selling volume is decreasing, and after the consistency of the moving averages released downward, a turning upward has been observed; currently, a warming trend has begun.

On the four-hour level, the price did not rise but immediately fell; currently, it is testing low support, and the running channel has once again narrowed. The conversion of long and short positions is frequent, and the fluctuations have once again reduced in amplitude. The short-term state remains unchanged, with oscillations trending downward and recovering, and the downward movement is not being extended. Our upcoming strategy will primarily focus on low buying.

Personal trading advice for Bitcoin: Go long around 99,000, aiming for 100,000-101,000. If it breaks out, continue to look upward!