12.3 Tuesday Morning Silk Road:

Currently, from the four-hour K chart perspective, if Bitcoin retraces and gets back on track, the current phase is to further validate the critical support level of 95000.

Once the 95000 level is stabilized, the upward trend is expected to continue. From the current situation, the short-term resistance level is around 97500. We need to pay attention to the fact that in the previous day's market trends, the price explored both upward and downward directions, but neither achieved effective continuity. As long as the critical level of 95000 is not breached, the subsequent pricing is likely to continue its upward trend. Last night, the price tested around the resistance level of 97500, but unfortunately, it failed to break through and continue the corresponding trend.

Regarding the instrument, the performance at the support level of 3550 below is also worth noting. In the short term, the pressure range can refer to the area between 3750 and 3800.

Similar to the previous day’s situation, the instrument also tested within the high and low ranges. Overall, the market is still in a volatile pattern.

Tuesday Morning Trading Suggestions:

Bitcoin: Buy around 95000-95500, target at 97500

Instrument: Buy around 3580-3610, target at 3700