Pal BTC Daily Market Analysis – 12.21 Following up on what I mentioned this morning, let’s combine it with the weekly chart for further insights. 1. Right now, the market is sideways to the point of suffocation, and trading volume is extremely sluggish. Both bulls and bears are waiting for the decisive battle to begin, which will result in a one-sided trend. (Why not a brutal fight? Because liquidation is just over $200M, everyone’s just watching the show.) 2. Looking at the weekly chart, it’s currently a doji. Here are a few key levels: 88 (opening price) 904 (key level for the past three weeks’ open/close and monthly opening price) 875 (last week’s low, this week’s consolidation EQ) - If it closes above 904, especially breaking 907, it’s definitely bullish. - If it’s between 904-875, it’s uncertain and will continue to consolidate. - If it’s below 875, it leans bearish. Adding two more levels: - If it breaks 94, then we’re looking at 10K+. - If it breaks below 85, then 78 is basically inevitable. 3. The above is just my personal opinion. In such extreme sideways markets, even betting on odds is better than trading, because there’s a chance of a frustrating fake breakout. For trading, I’d recommend just watching the show. If you really can’t resist, maybe consider a $10 gamble with the God of War. If you found this helpful, feel free to like, comment, and follow. For more real-time market analysis: http://t.me/pabuerbtc