$ 12.17 Morning Thoughts Layout
Bitcoin has once again experienced an explosion. After continuously refreshing historical highs yesterday, there was a brief pullback during the European session. After the US stock market opened, Bitcoin surged again, continuing to set new highs. With the arrival of interest rate cuts from the Federal Reserve and the impending inauguration of Trump, a series of narratives have led to a growing optimism towards Bitcoin in the market. This optimism has resulted in another explosive and significant rise in Bitcoin prices, closely related to Trump's supportive policies for cryptocurrencies. He has promised to make the United States a superpower in Bitcoin and actively promote a friendly regulatory environment for digital assets, breaking the restrictions during the Biden administration. These policy expectations are likely to drive a substantial increase in Bitcoin demand, further pushing up the price.
On the daily chart, Bitcoin has recorded four consecutive days of bullish candles with prices continuing to rise. The call from the understanding king has ignited the crypto circle, breaking historical highs at midnight again. The accompanying indicators are showing continuous expansion, and BOLL is gradually showing signs of turning upward. It’s not over yet; the bulls will continue to stretch. Don’t try to guess the top; just get on board when there’s a pullback to key support. Currently, in the short term, the price of Bitcoin is facing resistance at the 108,000 line. After consecutive highs, a certain adjustment is needed. After the adjustment, the next target will be the 110,000-112,000 area, with pullbacks still being the main way to participate.
Morning operation suggestions:
BTC: Buy on a pullback to 105,000 with a target of 108,000. A short-term pullback is possible; if you're aggressive, you can catch a short wave.
ETH: Buy on a pullback to 3,930 with a target of 4,100.
In the vast sea of people, you meet Ye Fan; this is fate! There are often good horses, but good talent is rare. Just as good horses achieve great talents, great talents also achieve good horses, so choices are very important. #BTC再创新高 #VANA开盘 #币安HODLer空投CAT、PENGU $BTC $ETH