12.4 Wednesday Afternoon Bitcoin Market Analysis!

Recently, the market trend has been oscillating within a range, going back and forth between long and short positions. Yesterday, it bounced back from 93000 to 91500 in just one hour. The daily chart is once again receiving support near the long and short positions. Currently, the four-hour chart has broken through 96000 and is beginning to rise on the four-hour level. We still need to pay attention to the resistance level above. This morning, we indicated a short position near 96000, and ultimately the price retraced as expected. We managed to take some profits, with Bitcoin gaining over 700 points, and Ethereum also capturing over 60 points. In such a market, if you can take profits, do so, and constantly remind yourself not to let profits cloud your judgment!

Currently, it has once again surged to the four-hour support at 96000. As long as it does not fall below this price again, the market will likely make another wave of increases on the four-hour level. The resistance above is: 97417-98231. If we can break through these two resistance levels today, the probability of breaking a new high tomorrow will be very high. The long and short support below still refers to the price of 96000. If the market falls below 96000 again, the daily chart will continue to oscillate. Keep an eye on the support below: 94700-93600! #bnb创历史新高 #Layer1公链普涨 #RWA板块普涨 $BTC $ETH