December 14 Afternoon Thoughts:
The market trend on Saturday was exactly as we expected. After successfully profiting from long positions in the early morning, we immediately issued a signal to continue being bullish. As expected, Bitcoin surged in the morning, with prices climbing to around 102600, and our long strategy once again achieved great success. This also fully confirms the correctness of yesterday's warning not to blindly short the market. Currently, the overall market trend still shows a strong bullish momentum, and we only need to operate in accordance with the trend. Although prices often experience pullbacks during an upward movement, there is no need to intentionally catch these pullback trends; we can decisively accumulate at relatively low levels and patiently wait for further market expansion.
The Bitcoin daily chart shows signs of a slight upward trend, followed by a journey of pullbacks, with the current price fluctuating near the upper rail of the daily chart, presenting a slight oscillation pattern around a certain range. Based on this, our operational thinking is very clear, still focusing on arranging long positions at the lower end of the range. Although we are currently in a range oscillation phase, we do not recommend trying high short positions, as the significant upward movement seen this morning is evident to all. If another upward trend occurs tonight, those who rashly short may likely fall into the trap of being stuck at high positions again.
Long Bitcoin near 101300, target around 103000
Long Ethereum near 3900, target around 3960
#VELODROME将上线币安 #纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA #BTC重回关键位置后走势 #SUI再创新高 $BTC $ETH