The Bank of Japan's December rate hike has been fully priced in. If there are indeed more rate hikes, will the yen, as one of the world's major carry trade currencies, trigger a new round of financial market turbulence?

Bitcoin's early morning alert shows the current price is long, and the overnight price has directly rebounded. This wave of longs gained 2200 points, and I exited the position immediately.

Currently, the price continues to break through the four-hour midline. If it stabilizes, the bullish trend is expected to continue towards around 89,000.

Honestly, this week's movement has mainly been oscillating within the upper and lower bands of the four-hour timeframe, making the trend clear. If you can steadily buy low and sell high around this pattern, you should be able to recover quickly even if you're currently at a loss.

Those currently holding short positions can continue to look for bullish opportunities around 86,000-85,500, with a target of 89,000.