#USUAL持续飙升
12.20 Noon Silk Road✌️😋👈
Last night, the price comparison rose again, reaching a maximum of 102756, and then it fell again, hitting a low of 95681. Currently, the price comparison is running at around 97800.
Since the decline from the 108000 level, the drop has approached 13000 points, and it seems that most of the necessary washing has been done. Although the bears are currently strong, as we approach the end of the week, do not blindly chase in, as the market may experience another extreme reversal.
The daily line has once again closed lower. Although it has broken below the lower track, it lacks significant continuity.
Today, we need to pay attention to whether the price comparison can stabilize at this position. If it can stabilize, a short-term pullback will continue; if it cannot stabilize, the price comparison may rebound and recover again.
From the four-hour structure, the price comparison has been repeatedly pressured at the midpoint. It has now broken the previous strong consolidation and correction method. Considering the spatial pullback, we need to pay attention to the changes between bulls and bears at the end of the week. Will it strongly recover after a pullback or continue to decline further?
If it continues to decline, it will end the strong upward pattern and move into a short-term decline; conversely, if it stabilizes and rises to recover lost ground, the bulls will continue to build momentum for a higher peak.
On Friday afternoon, we suggest focusing on rebounds.
Bitcoin rebounds to around 97900-98500, targeting 96500-95700-95200. If it breaks below the 95000 level, continue to look towards around 93800.
If the rebound breaks through, pay attention to the resistance near 100800.
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