12.19 Afternoon Market Analysis

Currently, it can be seen from the daily chart that the speed and intensity of Bitcoin's decline have clearly accelerated, especially after the Federal Reserve's actions. This morning, it accelerated downward, breaking below the 100,000 mark, and is currently continuing to fall towards the middle track. The market has shown a one-sided bearish sentiment, and there is no doubt that the trend remains bearish. Structurally, it should be viewed as weak. Regarding the current rebound strength, the probability of further decline is still very high, so we should directly look at 98,000 below.

Afternoon trading strategy for Bitcoin: Short from 101,000 to 101,500 with a target of 98,000. Afternoon trading strategy for Ethereum: Short from 3,670 to 3,710 with a target of 3,570. 2196504931 94804894344