$BTC
CPI is coming again, the decision to cut interest rates hinges on this move! 12.11 Evening operation strategy for Bitcoin
The morning technical analysis has been very clear, and the bullish outlook has reached its target as expected. Those who entered the market later in the morning have taken profits of over fourteen hundred points! Currently, the coin price is once again testing the resistance line at 98500! Friends who followed the bullish strategy can take profits! Short positions can also be entered around 98500, with evening resistance levels to watch at 98500, 99000, 100500, and 10150, and support levels to monitor at 97100, 95600, 94100, and 93600.
12.11 Evening operation strategy for Bitcoin: If data is significantly positive, enter long at 97000-97500; for conservative traders, enter at 96000-96500, with targets around 98500-99000, and if broken, look towards 100000-10500-101000.
If the data is significantly negative: enter short at 98500-99000, with a stop-loss above 99500, targeting around 98000-97300, and if broken, look towards 96500-96000.
12.11 Ethereum operation strategy: If significantly positive, enter long on a pullback at 3600-3650; for conservative traders, enter around 3550, with a stop-loss below 3500, targeting around 3700-3750, and if broken, look towards 3800-3850-3900.
If significantly negative, enter short at 3730-3750, with a stop-loss around 3800, targeting around 3650-3600, and if broken, look towards 3580-3550.
Today, large holders and institutions continue to increase their positions, and the slowly rising trend validates the bullish outlook for the day! Throughout the day, the market continues to rise while consolidating, briefly facing resistance at 98500! If there are profits from short positions, it is advisable to take profits and wait for the data to come out before re-entering!