12.10 Morning Thoughts
The midnight Bitcoin reached a maximum of around 100421 before falling to around 94150, currently around 98000.
From the one-hour chart, the K-line is obstructed by the Bollinger Bands, with the MA5 and MA10 moving averages opening downwards, and the momentum is contracting.
Morning Operations:
Bitcoin: 97800—98300 range
Target 96500—95800 range, Defense zone 400
Ethereum: 3740—3770 range
Target 3670—3620 range, Defense zone 40
