12.12 Morning Thoughts
Judging from the 4-hour chart, the big positive line has risen significantly. Once the upward channel is effectively established, the upward trend will be difficult to stop, and the continued increase in trading volume will be the general trend.
From a trend perspective, the daily MA30 moving average test support is effective, the upward trend has not been destroyed, there are no false breaks, the slope has decreased, and the next few days will be a potential time to choose a direction;
Expected trend within the day,
According to the principle of gradually raising the low point during the long advantage,
And in the early stage, the counter-draw was supported by top-bottom conversion many times.
Therefore, during the day, focus on the conversion support of the previous high of 99660 at the bottom and 102000 as the resistance at the top.
At present, we still don’t look at the strong unilateral rhythm. The operation suggestions are still mainly to go long by stepping back, supplemented by short selling at high positions!
The market is backing up, and there are many near 99600-100000. Look at 102000
Ether is back on track and is mostly near 3760-3780, look at 3900
