Market highlights on Thursday, December 19:

In view of the current market situation, the daily structure is entering a correction phase. This correction shows the characteristics of a deep correction. This pullback is mainly triggered by news factors, and its impact is limited to the short term. It does not interfere with the progress of the main trend and will eventually return to the guidance of technical forms.

At the four-hour level, the upper rail of the Bollinger channel constitutes pressure, and then the price breaks through the middle rail and closes below the lower rail, which breaks the original strong upward trend based on the middle rail. At the same time, after the second wave of rising space is released, the market has experienced a high-rise fall, breaking the original strength in the short term and entering a correction. It is worth noting that this correction is not a reversal of the trend, but a process of correction and accumulation, indicating that the next pull-up will test the previous high again.

It is too early to assert that the market has reversed. Given that there has not been a strong correction in the previous rise, the current local retracement has shown strength, which retains good upward potential for bulls in the future market.

Bitcoin is directly long near 100,000, and it is expected to rise to 102,000-105,000

Ethereum is directly long near 3,600, and it is expected to rise to 3,800-3,900