This morning, Bitcoin presented a one-sided form, breaking through the 100,000 mark and reaching a historical high, surging to 104,600 points in one go, an increase of nearly 6,000 points. Our earlier arrangements have also successfully locked in profits as expected. Currently, the evening market has seen some pullback, not breaking the lower resistance level, and the market remains below 100,000, indicating that the current momentum is still ongoing. This evening, we can directly trade at the low point #BTC新高10W .
From the four-hour level, after the market touched the first trend line at the top, the lower Bollinger Band began to expand downwards, opening the channel once again. The KDJ three lines continue to spread upward, but the market has not moved up, showing some divergence. The MACD continues to expand above the 0 axis, with the distance between DIF and DEA continuing to widen, indicating that bullish strength is still relatively strong, but the divergence of technical indicators should also be cautious.
Currently, the upper resistance level can be focused on the historical high point of 103,800 USD set on the morning of December 5. If the price can effectively break through and stabilize at this level, it may continue to test higher prices. The lower support level can be focused on the 100,000 integer mark and around 95,000 USD. If the price retraces to these positions and can gain support, the bullish trend is expected to continue. $BTC $ETH $XRP
Bitcoin: 100,000-101,000, watch for 103,000
Altcoin: 3,890-3,900, watch for 3,950