(12.11 Wednesday Afternoon Trend Analysis)From the current overall trend, both bullish and bearish movements lack continuity, so what will the subsequent trend look like?

Currently, the bias remains bullish, but whether it can break the short-term level of 98500 is key to the continuation of the space; if it does not break, it will continue to maintain a seesaw oscillation.

From the perspective of technical structure

Although both bullish and bearish movements lack continuity in the current overall trend, the larger structure is still in a phase of oscillation and recovery.

From the short-term hourly level

At the four-hour level, the price has touched the bottom and closed positively, and it has successfully achieved four consecutive positive closes, indicating the current strong bullish sentiment. The head is gradually aligning with reduced volume, driving the moving average to rise and move higher. The overall structure visibly shows a bullish upward trend; the afternoon trading strategy remains firmly bullish!

In summary, He Yang suggests

Bitcoin: Long in the 97700-97500 range, target near 98500

Ethereum: Just follow along

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