【12.14 Evening Silk Road Analysis】
After midnight today, the trend initially showed signs of rising, followed by a pullback, with the low dropping below 100,000 at one point. However, the bullish forces responded quickly, achieving a rapid slight rebound.
The drop during the early hours did not break the previously mentioned support level of 99,500, indicating that the support level remains effective. From a 4-hour perspective, the Bollinger Bands are opening upwards, the KDJ lines are converging and crossing upward, and the MACD histogram continues to expand.
Therefore, in terms of operations, focus on the resistance at the upper level of 102,000 and the support at the lower level of 99,500, looking for a low point to go long. If the above support level is broken, consider reversing to go short.
Bitcoin: Long near 100,500-101,000, looking up to 103,000
Ethereum: Long near 3,880-3,910, looking up to 4,000
