Morning Review: Bitcoin and ETH just hit the key support level last night and quickly rebounded! The effective key level was not broken!

Bitcoin did not break below the key level of 91000 during yesterday's rapid decline. This level has been mentioned by the shepherd many times in previous content. However, the reason we did not aggressively enter long positions at the support level during yesterday's market was that when the retail crowd is in mass panic, it can cause a stampede, making it an unsuitable time for entry! Once a stampede forms a new breakdown, the risk will far outweigh the rewards!

Today's Bitcoin: First, the daily and 4H charts of Bitcoin have formed a bullish trend. Currently, the 4H is operating near the MA200 resistance level. The short-term resistance above is at 98111 points; if it stands above MA200, it is expected to return above 100,000! This large V rebound of Bitcoin has not actually reached the intensity mentioned by the shepherd; from the peak to the lowest point, it only dropped by 17%. I remember mentioning in previous content that for Bitcoin to start the third phase of the bull market and reach the peak, it must retract at least 20%-30%. So, a current retraction close to 20% can also be considered a short-term good news! Nearly 90% of the bulls and leverage have been cleared! In previous content, the shepherd warned that Bitcoin could break upward falsely; if it fails three times, a significant retraction might occur. Although the current retraction is not strong enough, the market trend is indeed following the shepherd's analysis!

Morning Review: Bitcoin has stood above the 102500 line this week, and ETH has rapidly broken through 4000 but has not stabilized. The outlook is bullish! Previous Review: In Saturday's market trend assessment, Shepherd clearly instructed everyone to continue holding their assets and mentioned that Bitcoin's psychological barrier is at $100,000, with the Fibonacci resistance level at 1.414 (102500 is also very critical). As of this writing, Bitcoin is approaching 105,000 points and has once again broken the historical high!

In the harmonious moments of the day before yesterday and yesterday, we entered ETH long positions twice at the 3850 line, capturing another good result!

Early Review: Bitcoin is approaching the 102,500 line and is under great cycle pressure. Whether it can stand firm is the key point we need to consider next!
Previous situation review: In the previous content, Shepherd mentioned several key data many times, one is 100,000 US dollars, and the other is the 102,500 first-line large cycle suppression! As of the time of posting, Bitcoin has approached the 102,500 line, which is still very strong! In terms of Bitcoin, we have an intervention of 100,500 and are currently holding it, so don't be too anxious!
Today's Bitcoin: Currently running near the middle track of the channel. In the previous content, Shepherd reminded that Bitcoin needs to stand firm at 102500. We continue to look at the upper track of the channel to 107000. When it fluctuates in this channel for more than 1 month and breaks upwards many times, we should pay attention to a short-term exit! Currently, Bitcoin has broken upwards once! For Bitcoin intraday, we will see whether the upper pressure of 102500 can stand firm! According to the previous arrangement, we will look at the 100500 line below! Bitcoin is too weak and there is nothing to be noted!

Morning Review: As long as Bitcoin does not drop, altcoins will enter the second phase of the bull market with a significant rally, followed by a pullback of several times!

Bitcoin consolidated above 100,000 for a whole day yesterday. Early this morning, it dipped but did not break below the lower edge of the channel, and it is still close to 100,000! In previous content, the Shepherd mentioned the 100,000 threshold multiple times and pointed out that the Fibonacci level of Bitcoin's major cycle is at around 102,500, which has very strong resistance. Bitcoin did not last long at this position, and we saw a pullback after three consecutive breaks above.

Early Review: Bitcoin has failed to break above $100,000 continuously, and overnight it pierced through a key level, with subsequent momentum showing signs of exhaustion! Review of past events: Four days ago, on December 6th, the shepherd warned that Bitcoin must defend the Maginot Line of $100,000, otherwise it would become dangerous! As of the time of writing, Bitcoin has plummeted to around $94,000, with altcoins dropping over 20%! We promptly arranged a dedicated strategy to respond, avoiding this small crisis!

Looking at Bitcoin from the current long-term channel perspective, it has virtually breached the bottom of the channel as of the time of writing. Everyone can take a look at the chart below; the channel in this chart has not changed from what the shepherd has maintained. I firmly believe that it will be difficult for Bitcoin to reach $100,000, based on a judgment of market sentiment. It will continue to oscillate within this channel. This judgment is so precise because it also considers leverage data. In previous content, the shepherd pointed out that Bitcoin's current upward movement is based on a significant bullish leverage. Such a large bullish leverage is simply not enough for the counterparties, so where does this remaining part of the deficit come from? It is clear that market makers and exchanges cannot pull it out of their pockets to give to retail investors!

Early Review: Bitcoin has been fluctuating and consolidating at the $100,000 mark for a long time, and the defense line is not stable. If it cannot break through strongly in the future, it will lose the bull market momentum! Previous situation review: In the market trend analysis on Saturday, Shepherd said that Bitcoin must not only quickly break through the 102,500 Fibonacci 1.414 indicator suppression, but also stand firm at the psychological barrier in people's hearts, that is, $100,000! This barrier is regarded by most people as a landmark milestone for Bitcoin to truly go global and gain more recognition. In the past weekend, Bitcoin quickly stood firm at $100,000. #比特币行情

Early Review: Bitcoin's Maginot Line was breached in less than a day, and according to Muyang's plan, it retreated 14,000 points! Previous situation review: In yesterday's market trend analysis, Muyang repeatedly mentioned two important data, one is 102,500 points, which is an important Fibonacci parameter, and the second is 100,000 points. Muyang called this position the Maginot Line of Bitcoin. As a result, this line was breached in less than 24 hours, and retreated 14,000 points from high to low.

Many people asked, "Brother Muyang, why are you so good? Bitcoin has always followed your words. It's redundant to say too much. Muyang has been in the cryptocurrency circle for 7 years and has experienced 2 bull-bear transitions. Secondly, I have rich work experience in the financial field. Old fans who follow me know my level! Why can I make such rigorous and accurate judgments? In fact, I have someone above me. The Bitcoin Foundation has maintained a cooperative relationship with me!

Early Review: Bitcoin has broken through the historical high, attracting global attention. We have once again achieved a phased victory! Previous situation review: In the previous trend analysis, Shepherd publicly said that Bitcoin would soon reach $100,000, and said yesterday that the time would be this month, but I didn’t expect that it would reach the 104,000 level in just one day. Bitcoin breaking through $100,000 is in our plan, and it will quickly occupy the attention of major media around the world! #比特币趋势分析
At present, Bitcoin has broken through the 102,500 line in the shepherd's analysis. We need to see whether it can stand firm today before we can continue the next analysis and judgment. This is an important suppression of Fibonacci, and because the number of $100,000 is too critical, whether Bitcoin can continue to stand firm at $100,000 will become very critical. At the same time, the competition between long and short positions has become fierce. I will not directly see the so-called $200,000 in the future market. That is a group of people who don't understand Bitcoin at all. At present, Bitcoin is at the position of $100,000. I compare it to the Maginot Line in the currency circle, because people are particularly sensitive and concerned about the integers of numbers. Will Bitcoin directly attack higher points after breaking through today, or will it fluctuate in this channel arranged by the shepherd to bypass the "defense line" and fall below $100,000 to continue the shock cleaning? This is a point that needs to be paid attention to!

Early review: Bitcoin trend has not changed, short-term target 102500 is expected! The collective plunge last night was caused by the exchange using data to smash the market, not the Korean exchange is going to collapse. Only those who have experienced several bull and bear conversions know this truth. Ordinary leeks are scared when they see the decline, but what the leeks don’t notice is that after each decline, there are always some news in the market to "confirm" the reason for this decline! So last night someone sent me a message about the collapse of the Korean exchange and the end of the currency circle. I was amused when I saw it! Please remember the words of the shepherd, more pins in the bull market! I have said this countless times, and I have said that every decline in Bitcoin is a good opportunity to enter the market! The purpose of its decline pin is to clean up He Yue and leverage!

Morning Review: Bitcoin has a great chance to break through to a historical new high this week and stabilize at 100,000 USD! Bitcoin has been oscillating sideways for the past 10 days, with small fluctuations of a few thousand points, and the altcoins are rotating! Especially in the old altcoin sector, XRP is leading the pack. Let's see if the big coin can stand firm at a historical new high! At this stage, we view Bitcoin optimistically, but we must pay attention to the significant risk of sideways oscillation! In December and January of last year, there was also a sideways oscillation followed by a rapid drop of over 10,000 points! The bottom of the big coin is continuously being raised, indicating that the bullish momentum is still strong!

Morning Review: Bitcoin has been unable to break above 100,000, failing to attack with huge bullish leverage, prevent cleaning leverage! In yesterday's morning review, the shepherd indicated a bullish outlook for Bitcoin. In the past week, the trend has basically been a decline in the Asian market and a rise in the American market. In yesterday's morning review, my viewpoint on Bitcoin's bullish outlook did not change! When I published yesterday, Bitcoin was at the 95,000 line, and in last night's market trend analysis, the shepherd indicated the subsequent trend for ETH and gave a precise position to long at the 3,570 line! I believe this wave has brought friends a lot of profits! Today's Bitcoin: After the big coin attacked the 98,000 line, it retreated. Currently, Bitcoin has experienced a downward break on the 1H level. In the 1H chart of the big coin, we can see that the price constantly rose during yesterday's late session, but MACD and RSI continued to decline, forming a small cycle level top divergence! We need to closely monitor this! That is, whether the big coin will break below the MA200 moving average support during the day! It is currently at this position, so we need to observe more during the day!