12.12 Thursday Afternoon Market Analysis:
Bitcoin pulled back to around 100300 in the morning, then rebounded to around 101800, before falling back to around 101000.
Ethereum pulled back to around 3795 in the morning, rebounded to around 3941, and is currently trading there.
The morning strategy was to focus on single trades, with precise entry points. Bitcoin and Ethereum both perfectly validated stop-losses, yielding 1400 points on Bitcoin and 77 points on Ethereum.
From the current 4-hour structure, Bitcoin shows increased volume, facing resistance from the upper boundary. The MACD is showing a golden cross moving upwards, while the KDJ is gradually moving downwards. The upper resistance to watch remains around 102000. From the 1-hour structure, Bitcoin shows decreased volume, with support to watch around 100000.
Afternoon personal suggestion:
For Bitcoin, look for a pullback to around 100800-100500, aiming for 101800-102100.
For Ethereum, look for a pullback to around 3925-3900, aiming for 3980-4000.
