Daily market insights - Focus on BTC 12/12
BTC has no systemic risk for the time being, and it also boldly gave an aggressive order at the current price at 97802. The amazing thing is that as soon as it entered the market, the market took off like a rocket, rushing straight to the profit-taking zone above 101078, and the trend was exactly in line with expectations.
From the 12-hour line to the daily line level, BTC has become a brave "lost ground recoverer", regaining lost ground one after another, and once again entering the high-level shock range. The trends at all levels are uniform, the bullish structure stands tall, and the subsequent shock upward seems to be a piece of cake.
Looking at the short-term battle line from 1 hour to 4 hours, the short-term moving average seems to be a counterattack pioneer, quickly reversing the downstream disadvantage, forming a golden cross and diverging upward, and the support level collectively "climbs". At present, the price surges and the wave-type consolidation is about to end. When night falls, the second surge is likely to be imminent.
Operation suggestion: Buy boldly in the current price range of 100980 to 99767, set the stop loss to 99171, and quickly withdraw to protect the principal once the 1-hour line is abnormal or breaks. Take profit and keep an eye on the key suppression. The short-term suppression is 102761 to 103660. A large-volume breakthrough and retracement is a good opportunity; the short-term support is 96677 to 95488, and watch the market and wait for an opportunity; the mid-term relies on 91503 to 89826 to stabilize the defense line; the long-term target is 112025 to 114306, and the future is promising!
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