12.14 Saturday Afternoon Highlights

From the current 4-hour chart, the K-line has rebounded to the midpoint of the oscillation range around 101600 after probing the bottom. However, this is merely a short-term consolidation and is unlikely to reverse the overall upward trend. On the surface, the forces of bulls and bears seem balanced, but in reality, the bulls are in a dominant position. In the short term, there is a high probability of a breakout above the current oscillation range, while the likelihood of a significant downward movement is extremely low.

With no support from the US stock market these past two days, there will inevitably be fluctuations within the range. My advice to you is to sell high and buy low.

Bitcoin can be traded between 102700-100800 for high selling and low buying.

Ethereum can be traded between 3960-3860 for high selling and low buying.