BTC continues to set new highs, while other altcoins have started a downward trend. Yesterday at 12:33 PM, the price of the coin dropped to 104722, leading to a buy near 103900, and an additional buy at 103300. Until around 7:50 PM, it retraced to the entry point, hitting a low of approximately 103264. After replenishing at this level, the average price came to 103600. After the US stock market opened, BTC rapidly surged, reaching a new high of 107777 by 2:24 AM. Our expected profit-taking target is 106200. The second round of increases is also as expected.
Whether the Federal Reserve's interest rate cut on the 19th can be implemented and whether the Bank of Japan will pause interest rate hikes will affect the next movement of the coin price, but these are matters for Thursday. Another event is that due to Christmas next week, the data has been moved up to this week for release, so Friday's PCE data is also crucial.
BTC operation suggestion: Buy near 105700, add more at 105100, defend at 104600, target 108000. ETH operation suggestion: Buy near 3973, add more at 3933, defend at 3903, target 4150#BTC☀ $BTC $ETH .