Director's 931st original daily market analysis 2022.12.18
1. Market sentiment:

2. Chart structure:
1. Big Pie

The structure of the pie 1H:
Bitcoin ended the first 1H decline and is currently in the second 1H rebound. However, this rebound is most likely a process of pulling back to the 0-axis of 1H. After the pullback is completed, it will go through the third 1H decline. Please wait patiently for the third 1H decline to end.
If a bottom divergence occurs, you can consider entering the market for short-term trading, but the overall future risk remains. The bitcoin market follows the U.S. stock market, and the U.S. stock market has already begun to price in a recession, so the risk is self-evident. Be cautious and manage your expectations for future risks.

The structure of the 15F pancake:
After Bitcoin ran through this small-range center of 15F, it made a small breakthrough upwards. Currently, the pressure on Bitcoin is still at 17,000.
It is also a very small range of fluctuations. It is difficult to develop a decent market in the short term. Observe more, watch more and do less, and be patient.
2. Concubine:

The structure of Aunt 1H:
The trend of Auntie is the same as that of Pie in the Pancake. It is also a 1H process of pulling back to the 0 axis. After the pullback, it will continue to move downward. The decline is not over yet. There is not much to participate in. It is better to wait and see.
Spot trading can only be long-term, and it is necessary to control positions and expectations for future risks.
END
Kind tips
Investing is risky. When investing with spare money, remember to never fill your position or take out loans. We only provide information, which does not constitute a recommendation for buying or selling. You are free to buy and sell at your own risk.
