December 10th Early Morning Thoughts:

Bitcoin has once again made a 3000-point pullback today. In the evening, the k-line touched the lower Bollinger Band and EMA300 on the 1-hour chart, leading to a rebound. Currently, it is continuing to push upwards towards the intersection resistance of EMA30, 60, and 80. If it breaks, look for the upper band position to short; the MACD is shrinking below the 0 axis, and both DIF and DEA are also converging, with the potential to form a golden cross again, but caution is needed for a secondary divergence, and chasing long positions requires prudence! The 4-hour chart also shows an opening Bollinger Band, indicating that a larger market movement may occur this week. The intraday movement has just retraced to EMA60, forming a rebound, and is currently pushing towards EMA30 and the middle band. If it breaks, look for the upper band position and today's high point to enter a short; the MACD's fast and slow lines are in a dead cross and continue to widen, with volume still increasing below the 0 axis. The short-term bullish momentum has completed, so we are still looking for a pullback;

Bitcoin short at 98700-99000, look down to 97100-96850.

The second Bitcoin can synchronize accordingly.

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