Summary for December 5:

Mountains have peaks, lakes have shores, and on the long journey of life, everything has its turn. When we feel a bitter aftertaste, please believe that everything will eventually turn sweet.

From the current structural trend, the market strongly rallied from around 98,000 in the morning, breaking the important threshold of 100,000 with a new high reaching the level of 104,630. After that, it entered a range of oscillation correction between 101,000 and 104,000 from the afternoon to the evening. We also mentioned that the strong rally lacked solid bottom support, and the afternoon's movement was as expected!

Looking at the current structural trend, the strong upward movement in the morning led to a slight pullback in the afternoon, followed by a slow upward trend. In the evening, it faced resistance near 103,800 and quickly retreated. From the short-term 1-hour perspective, the upward momentum is insufficient, with continued pullbacks and then upward movement. On the 4-hour level, it still maintains a predominantly bullish structure, so the short-term focus should be on low pullbacks for buying, particularly watching 100,500/3850 while maintaining around 1000/30 points. $BTC $ETH #BTC新高10W #历史见证者打卡 #DOGE狂潮 #新任SEC主席 #美国合规概念币走扬