December 18 Morning Market Analysis

Donald Trump will deliver an important televised speech at the White House on Wednesday evening at 9 PM Eastern Time (Thursday morning at 10 AM Beijing time), reviewing his policy achievements in his first year back in office. Amid widespread public economic anxiety and the pressure from the Republican Party to contest the 2026 midterm elections, he will focus on several key accomplishments he considers significant. This leader, who has repeatedly stated that his achievements have not been fully recognized, plans to emphasize the progress his team has made this year on various issues, including controlling border illegal entries and suppressing prices in specific categories. How he presents these achievements today is worth watching.

The Bitcoin daily chart has tested the 85,000 level three times without breaking through, currently in a low-range consolidation phase. The rally after yesterday’s US stock market open has been fully retraced, with bullish momentum lacking. The KDJ indicator shows a death cross extending downward, and the MACD has formed a death cross at high levels, indicating weak momentum. Recent market liquidity has significantly contracted, lacking funds to drive upward movement. Therefore, today’s market is expected to remain volatile, with attention on whether tonight’s speech can boost market sentiment and trigger changes.

Trading Suggestions
Buy on dips around 85,500-85,000, with targets at 87,000-87,700. If broken, continue to look for 88,500-89,000.