12/12 Bitcoin Ethereum Market: Bitcoin is currently above 100,000. In previous analyses, we discussed that Bitcoin might be at the end of the fifth wave yellow route or still in the consolidation phase of the fourth wave. Based on market trend judgments and personal preferences, I tend to believe that Bitcoin is moving towards the upward cycle of the fifth wave. The start of this wave indicates that the price of Bitcoin will reach a new high.
Pay close attention to the movement of the MACD indicator. When the MACD shows a pullback and turns to green bars, it is a good time to gradually build long positions. Given that Bitcoin's target price is above 110,000, the current price level clearly has further upside potential.
In summary, if there are no long positions for Bitcoin during the daytime pullback, consider switching positions. For om, xrp, and xlm, move stop losses up to above the opening price or take profits; if they do not restart, these three coins are currently weaker. If the market pulls back during the day, we will switch to other coins, take profits on turbo, and continue to hold Floki and Bitcoin long positions.