December 13 Friday Morning Strategy Analysis:
Bitcoin price still failed to form a continuation pattern at midnight, after rising to the resistance level of 102500, it encountered resistance and fell back, with the low touching the 99200 level before pausing. The major coin has been repeatedly testing between five-digit and six-digit prices!
From the daily chart perspective, after a strong bullish rally, the bulls could not maintain their momentum, touching the upper channel and falling back under pressure. Currently, it has returned to the vicinity of the 100,000 mark, engaging in a tug-of-war. Although the trend structure still shows bullish tendencies, there is a demand for adjustment in the short term. From the 4-hour chart, we can see that after the V-shaped reversal yesterday, space has opened up, although it has not been able to continue rising. However, both the highs and lows are showing signs of moving up, with the bottom gradually rising, presenting a pattern of moving forward while looking back. In the short term, attention should be paid to whether the 98500 - 99000 area can form effective support. Although the short term shows weakness again, the larger trend is bullish. This bearish momentum can be treated as a trap, and aggressive traders can attempt to seize the current price, but they must set stop losses and not hold positions for too long. Generally, short positions should be closed when the price breaks below the 100,000 mark by 500 to 1000 points, and after the pullback ends, focus on going long!
Friday Personal Trading Suggestions:
BTC: 100200 short, target 99000, if it stops, can go long, target 102500
ETH: 3910 short, target 3835#加密市场反弹 #美联储12月降息预期上升 #BTC重返10万 #市场调整后的方向 #BTC投资案未获微软股东同意