December 26 Afternoon Thoughts

After a round of consolidation, the current price structure and pressure have both broken through, will it still be hard to rise? I am not blindly bullish; the overall trend has always been bullish. Shorts should only be for short-term operations. You can check my recent articles for insights. Currently, it is hard to find the next resistance level. The Fibonacci sequence may help estimate the expected peak, but whether it will come true is still uncertain. It's not difficult for the price to reach new highs; in terms of operation, the overall trend remains bullish, with short positions used as a supplement for the short term. From a technical perspective, the daily line shows a long lower shadow bullish candle with strong buying at low levels. The 4-hour MACD histogram has turned positive, and DIF has crossed above DEA, indicating increased bullish momentum. The RSI value is 64.3, close to the overbought zone but not extreme, still leaving room for further increases. The price has broken through multiple moving averages and is operating above them; it is bullish in the short, medium, and long term. In terms of operation, buy on pullbacks.

Bitcoin: 97100-97800 long Target 98400-99100

Ethereum: 3380-3420 long Target 3460-3500

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