Morning Analysis on December 18
Yesterday, the market saw a fluctuating upward trend, reaching a high of 108353 after a drop of nearly a thousand points.
From a daily perspective, after the major asset hit a new high, it retraced but remained above the three-day moving average. Last night, after testing support, it rebounded quickly, with strong support at 105000.
Following the strategy of buying on dips, using moving averages as a reference, as long as the support at 105000 holds, the bullish trend will continue.
Major Asset: Retracement near 105000 - 105500, target around 107200-107800.
Minor Asset: Retracement near 3830 - 3850, target around 3940-4000. #BTC☀ #ETH🔥🔥🔥🔥 #BTC再创新高