Morning Analysis and Trading Recommendations for 12.6
From the daily chart, it is not surprising to see a pullback after a strong rise in the market. The explosive surge without sufficient bullish momentum to sustain it makes the pullback a natural market reaction. Although there has been a significant drop, it also indicates that the current bottom is roughly around 90,000. Further adjustments to the trend are needed to achieve stable upward movement from the recent highs.
In the short term, after the market weakened, the price retraced and recovered above 95,000, and the bears were unable to maintain their weakness. Whether there is a significant rise or fall, the market requires time for consolidation and correction. Currently, regardless of whether it is short-term oscillation or trend oscillation, the core strategy is to avoid one-sided bets. Comprehensive analysis suggests a higher probability of upward correction during the day.
Trading Recommendation: Establish long positions in the range of 97,000-96,500, with target prices looking towards 98,000-100,000.
Stay tuned for top strategies in the bull market, sharing various codes, and helping you learn more about hundredfold coins. #比特币插针90.5K #历史见证者打卡 #DOGE狂潮