12.16 Monday Evening Insights:
The Bitcoin chart last week showed a pattern of first falling and then rising, initially dropping twice from around 101350 to the 94000 trend line, and then starting to rise.
This week has already refreshed the historical high. Following last week's new high, there was a slight pullback, with this week's overall trend not differing much. Currently, there are no reference resistance levels above, and the short-term support can be referenced from last week's weekly closing situation. The short-term reference is 103500, with follow-up observations on the trend after the opening.
Additionally, this week is a super central bank week, and interest rate cuts are basically a certainty. Multiple news announcements are expected, which may lead to more correlated performances. For now, we should still focus on short-term support. If there is no significant drop this evening, it is likely to maintain a bullish posture.
