Morning Thoughts on December 4:
Bitcoin rebounded after a dip yesterday, completing a big V reversal. Currently stabilizing upwards, the short-term trend is expected to continue bullish. This is the nature of the current market; consolidation is normal, but as long as the direction is clear, it becomes evident. Continuing the downward trend in the evening, after hitting the lowest point around 93620, bulls formed a rebound, moving back and forth, with a peak recovery above 96000 in the early hours. After the price experienced a dip last night, bulls quickly provided recovery space, and now, after warming up, it is again in a fluctuating pattern. Recent rebounds have all come with corrections or dips. Correction is a process of accumulating energy, and after effectively building a new support platform, a new upward movement can be initiated. All current consolidation actions are moving horizontally within a predetermined range, using the method of exchanging time for space to accumulate the demand for upward movement. Moving forward, it is suggested to maintain a bullish stance during pullbacks for short-term positioning!
Bitcoin can be bought in the range of 95300-94800, targeting around 97500;
Ethereum can be bought in the range of 3580-3550, targeting around 3750.
#Layer1公链普涨 #RWA板块普涨 #下一个换谁涨? #微策略持续增持BTC #每日瓜分1BNB $BTC $ETH