12.7 Saturday: Morning Market Analysis

The market continues to maintain a strong upward trend, and the previous significant corrections have not altered the upward trajectory, highlighting the resilience of the market. Currently, prices have repeatedly broken through and stabilized above the 100,000 mark, establishing a bullish tone for the future, with a high probability of continuing the upward trend.

In the short term, attention should be paid to a potential adjustment period as the weekend arrives, providing both bulls and bears with a chance to buffer, which is beneficial for market consolidation. We remain optimistic, mainly because the key 100,000 price level has been solidified, and subsequent strategies will continue to follow a low-buy strategy.

Saturday Operations

For operations, Ye Wei suggests going long on Bitcoin around 99,000, targeting approximately 103,000.

For Ethereum, go long around 3,970 - 4,000, with expectations of reaching around 4,100 - 4,150.

Recently, the market sentiment has been robust, and both short-term and swing operations have been smooth. If you are uncertain about the market direction, trust Ye Wei, and you won't lose your way; Ye Wei will lead you on your journey through the cryptocurrency world. #比特币重返10W大关 #以太坊领涨 #币安将上市ACX、ORCA #ENA突破1美元 #SUI市场新焦点 $BTC $ETH