Morning layout for long positions. The bullish strategy we proposed from last night to this morning was accurate, and the market trend has provided solid verification. Let us walk together, hand in hand on the path of investment, striving together to create brilliance and achieve both self-worth and wealth!

Morning Thoughts on December 12:

At midnight, the price of Bitcoin experienced some ups and downs. It first retraced from a high of 101080 to a low of 99583, then rebounded, climbing back up to around 101880. The trend of Ethereum was also similar, retreating from around 3820 to 3752, and then rising again to around 3846.

From the current trend, the bulls are leveraging the stability of CPI data to gain momentum, successfully breaking through short-term resistance levels, with the daily chart recording a large bullish candlestick. This candlestick has not only recovered all the losses from the previous two trading days but has also achieved a key breakout, firmly standing above the 100,000 mark. Meanwhile, the 4-hour chart shows a series of bullish candlesticks, demonstrating a clear V-shaped reversal pattern. After several strong bullish candlesticks, there has yet to be a significant pullback, indicating that the short-term correction is likely over, and the bulls are showing strong strength. It is expected that the morning session and even the subsequent period will likely continue this bullish trend and test the upper resistance levels. However, given the considerable short-term gains, caution should be exercised regarding a potential price pullback.

For Bitcoin, pay attention to the resistance around 101400; if it breaks through, look towards 101800 as the next target. The second target is around 102500, with support around 99700; if it breaks below, look towards 98500.

For Ethereum, watch for resistance around 3830; if it breaks through, aim for 3880. Support is around 3760; if it breaks below, look towards 3690.