Monday Morning Market Layout 12.16
Looking at the market, the situation is very promising, and the bull market continues. Reviewing the weekend's performance, we can see that Bitcoin has repeatedly challenged its high limits and successfully crossed those highs. It is currently oscillating around 101000--104000.
The four-hour K-line has seen a continuous rise with positive candlesticks, indicating a slow upward trend. The overall trend has entered an overbought condition, but it is just a step away. Trading should discard personal subjective speculation; the correct approach is to go with the trend and closely follow the market’s pace. The current market is still dominated by bullish sentiment, and before the trend changes, any pullback gives an opportunity to be bullish.
Bitcoin trading advice:
Bitcoin: Buy around 102500-103000, target 105000
Ethereum trading advice:
Buy around 3880, target 3960
In the vast sea of people, you meet Ye Fan, that is destiny! A good horse is often available, but a good judge is not. It is both the good horse that achieves the judge and the judge that achieves the good horse, so choices are very important. #纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA #VELODROME将上线币安 $BTC $ETH