1.7 Bitcoin Auntie's Trend Analysis:
Bitcoin is expected to break and stabilize above the 100,000 mark, completing a top-bottom conversion. We have also followed the rhythm in the real market to grasp a medium to long-term opportunity, exiting successfully at around 97,500/98,800, and at around 3,600 for Auntie!
This week, closely monitor the release of important U.S. economic data, including Friday's Non-Farm Payroll (NFP) report and the December Federal Reserve meeting minutes to be released on Wednesday. This will provide key guidance for the U.S. dollar's trend and the market.
Today's operations are relatively simple, with strong bullish momentum opening up space above, a top-bottom conversion, and important support at 99,800/3,600 below! We will first monitor the strength of the technical pullback! Short-term pullback is needed; we can short during the day and exit before the U.S. market opens to continue with the bullish trend!
Based on the current price, we can short with a stop loss at 400/30, targeting 100,800/3,620, then we can reverse and go long, targeting 102,500/3,680!
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