12.18 Bitcoin Market Analysis, Beware of Needle Drops at Midnight

Recently, the price has dropped by about $3000 before bouncing back up, continuously reaching new highs. This indicates that the upward trend is far from over, and each pullback presents a buying opportunity.

Currently, the technical resistance is around 120,000.

There may be a needle drop late tonight; if it drops sharply, there will be a quick rebound, providing an opportunity to go long.

If it spikes upwards, do not chase it, as you may get trapped. The main strategy now is to buy low and go long.

For intraday reference points for BTC and ETH, feel free to contact me for guidance!