12.08 Market Analysis

From the current daily chart, we can see that after two days of negative closing, there is a closing positive line at 8 am. We can see that the short selling volume has ended, and the bulls are expected to continue to rise after the shock and consolidation.

Looking at the 4-hour chart, the market has been running above the mid-range and has shown signs of stabilizing at 43,000. The vol green energy column has gradually moved out of the day and continues to be bullish. Just wait for the bulls to increase their volume. You can focus on the 43,300-43,000 line during the day. #BTC