12.16 Monday Bitcoin Auntie Market Trend Analysis:

On the daily chart, the bullish pattern is very prominent, and the bullish momentum is strong. After the price breaks through the upper band, all technical indicators point to a bullish trend, and the overall direction still leans towards bullish. Observing the four-hour chart, the candlestick continues to steadily rise along the upper moving average. Looking from the one-hour chart, the candlestick is currently facing pressure from the Bollinger Bands, while the MA5 and MA10 moving averages have formed a golden cross pattern, indicating that the bullish momentum is strengthening, and the momentum bars show an increasing trend. Current market sentiment is generally bullish, with a high atmosphere. In the face of such a strong structure, we just need to follow the trend and adopt a low-position long strategy.

Bitcoin: 104000-103500, target around 106000-107000

Auntie: 3930-3900, target around 4000-4100