12.18 Wednesday Afternoon Bitcoin Market Analysis!

In the ocean of the stock market, everyone is a navigator. Facing the turbulent waves, we may feel confused or exhausted, but please remember that every low point is to prepare for the next peak.

After the early morning bullish position was exited in Luodai, a subsequent bearish position was established, successfully capturing this pullback, with Bitcoin dropping over 2600 points, and Auntie also capturing over 50 points of space, maintaining a low-key bullish mindset in the afternoon. This round of pullback has already touched the 103500 mark, and once it breaks, it is likely to reach the 102800 area.

From a technical structure perspective, a Doji candlestick pattern appeared at the daily close, which usually indicates that the market may soon experience a directional change. In the subsequent daytime trading, the market indeed experienced a certain degree of pullback. However, it is noteworthy that despite the market's pullback, it did not break through key support levels, indicating strong buying support below.

From the four-hour chart, the market once attempted to hit a new high yesterday, but the coin price then retreated, stabilizing after a pullback to the middle track. Nevertheless, the overall strong pattern of the market has not changed, and the upward trend is expected to continue. Therefore, in the short term, we can consider the middle track as an important support level for positioning. #加密市场盘整 #PENGU开盘 #BTC再创新高 $BTC $ETH

Bitcoin 103200-102800 Bullish Target 106000

Auntie 3800-3780 Bullish Target 3950