(Thursday morning trend analysis for 12.12) Hangzhou's sentiment fluctuates, how should we respond? Should we just observe the changes?

Overnight, Bitcoin rose again, with the price reaching a peak of 101900, before pulling back under pressure. I've mentioned before that this month has been quite volatile; it's all about going with the flow. Once you understand it clearly, it's easier to enter the market!

From a technical structural perspective

On the daily chart, there have been multiple touches below the middle track, providing some rebound, and the rebound space is quite considerable. The support of the middle track is still effective. We have previously mentioned that after high-level consolidation, there will be some pullback, but after the pullback ends, an upward continuation is still expected. The daily chart has shown a strong bullish trend, which indeed provides a stable foundation. A pullback and correction to form a support platform is more favorable for subsequent rises, while also releasing some resistance from the bears, easing the upward pressure.

From a short-term hourly perspective

The price has formed a clear V-shaped reversal pattern with signs of continuation. After breaking through the level pressure at 100,000, the head and shoulders bottom trend continues to rise. It has now stabilized at the middle track. Although there is currently some pause, it hasn't given any clear signals of a significant retracement. After a brief repair, it may continue to rise. The bullish trend is strong, so it's better to take opportunities on pullbacks!

In summary, He Yang suggests

Bitcoin: 100500-100000 long, looking at 102000

Ethereum: 3820-3790 long, looking at 4000#加密市场反弹 $BTC $ETH #BTC重返10万 #美联储12月降息预期上升 #XRP逆势反弹 #市场调整后的方向