Chen Zhiyan: 12.6 Bitcoin/Ethereum Night Thoughts Fully Bullish!
Bitcoin is currently in a one-hour level correction. For the pullback support below, we need to focus on the two key positions of 101000 and 99600. Yesterday morning, Bitcoin rebounded from the low point of 97500. After a long period of consolidation, the market finally broke out today and ushered in a wave of remarkable pull-ups. Bitcoin prices rose all the way, breaking through the 100,000 mark and constantly setting new highs until the high point of 104630 was under pressure.
Ethereum started from the low point of 3769, showing a strong trend of shocks all the way, and finally climbed to the intraday high of 3960. The second cake just stepped back on the two-hour level support and began to rebound. In the small-level market at night, the 3900 position should be focused on. If the second cake can stand firm at this position for one hour, it is expected to continue to maintain an upward trend. However, if it fails to stand firm, it may start a one-hour level correction.
Midnight operation suggestions (writing time 00:40)
BTC: more around 102000, target around 105000
ETH: more around 3900, target around 4000
Don't hesitate to see the trend, leave professional matters to professionals
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