12.11 Analysis Suggestions:
Short-term adjustments are inevitable, and a few thousand dollars of pullback does not mean the bull market is turning into a bear market, after all, the coin price has now reached unprecedented heights.
As long as the price remains oscillating above the mid-line, the overall trend still leans towards bullish. Currently, we only need to focus on when the 4-hour chart confirms a break below the mid-line; during this period, we can position ourselves for a rebound at lower levels and also plan for a pullback at higher levels!
For Bitcoin, look for a range of 95500-96000, targeting 98500; if it breaks, then watch for 99500. If it doesn't break, we can switch to shorting.
Ethereum has been quite weak these past two days, just follow the trend.