#BTC重返10万 $BTC
December 13th Daily Summary and Early Morning Notes:
Brothers, as a Dan owner, it's essential to run fast! After a significant retracement early this morning, Bitcoin has been in a consolidation phase, with minor fluctuations during the day, operating within a range of 101000-99000. The afternoon fluctuations were even smaller, only 1000 points, indicating a significantly low buying volume for Bitcoin and a market in a recovery state. In this situation, we managed to capture considerable space through range trading!
First 🥚 Bitcoin Long: 100565 entry - 102261 exit = +1696 points
Second 🥚 Bitcoin Short: 101007 entry - 99896 exit = +1111 points
Third 🥚 Bitcoin Long: 100229 entry - 100937 exit = +708 points
Fourth 🥚 Bitcoin Short: 101341 entry - 99839 exit = +1502 points
Fifth 🥚 Bitcoin Short: 100663 entry - 99700 exit = +963 points
Total for Friday: +5980 points
Yuelin's Early Morning Notes:
After a high surge, Bitcoin has once again pulled back. The four-hour support has not been established, indicating that there is still uncertainty in the market. Resistance Level: The upper resistance remains significant, pay attention to the resistance level of 100500 during the night. If the four-hour closing does not confirm a breakout, then do not consider going long. If a breakout is confirmed, watch for two higher resistance levels at 101500 and 102594.
Support Level: The lower support is at 99800. If the one-hour or two-hour close falls below this level, the rebound may end. The lower support levels are 99000 and 98500; breaking below these levels may lead to a deeper retracement. The second Bitcoin's four-hour close fell below 3900, starting a correction.Support Level: Need to pay attention to the lower support levels of 3830 and 3800. Resistance Level: If the market is to go long, the four-hour close must break above 3900 again. The upper resistance levels are 3980, 4020, and 4090.
If tomorrow's daily line breaks below the key support, long positions need to be cautious about risks.
