Ethereum 3966 in 4080 out, scored 117 points, won 160,000 oil

Thoughts in the early morning of December 17:

The price ratio also ushered in a strong pull-up in the evening. The price ratio also rose by more than 2,000 points in a short period of time. It is currently rushing to the 106,000 mark, and Ethereum has also pulled up more than 100 points.

The four-hour single-yang pull-up, the strong bulls can no longer be stopped. Once the upward break means a large volume, then the madness of the bulls is also expected, and it is also an inevitable pull-up under the influence of the trend structure. We also mentioned earlier that for the current market, the retracement is both long, and if it does not retrace, then it is short-term and long to continue to look at the rise. If it goes up directly during the day, then the trend of the market outlook is still relatively obvious, and it is still mainly long, and long is the main theme at the moment. In the short term, the price ratio may be accompanied by a certain correction and retracement, but the correction is not a reversal. After the correction, we still have to look back at the longs. At the same time, the correction is to serve better rising, accumulate energy for the longs, and thus launch a new impact. From the current trend, the market has been constantly setting new highs. As long as this market retreats, it will give us more opportunities. The daily MACD has formed a golden cross, and the callback energy column has ended. A new bullish energy column has appeared again, and the overall market will be unstoppable. With only ten days left in this year, the price trend of Bitcoin has become the focus. Based on multiple factors, it may rise to the 120,000-130,000 range by the end of the year. The current bulls are fierce and rising all the way. Conventional technical analysis has a slightly reduced effect under this unilateral strength. In terms of operation, go long when there is a callback, and the midnight market is still bullish.

Big pie is more around 105800-106200, target is around 107800-108200
Second pie is more around 3910-3930, target is around 4000-4020

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