🥇 Macro/12.08 Flatbread Aunt too early in the morning
Based on the current market data, the range-bound fluctuation of BTC in the past two days indicates that the market is still absorbing the fluctuations brought about by the fundamentals, and the current price is hovering between key support and resistance levels. In the short term, if the price falls below the support level of 96600, it may further test the key level of 90000; once the support level is effectively broken, the price may continue to decline below this week's low point of 90000.
On the contrary, if the coin price can successfully break through the resistance range of 102000, it will open up a broader rise channel for long positions, and the next target will point to the 103000 area. If the upward trend continues, it may even touch the psychological barrier of 110000. The daily candlestick technical indicator currently shows that the market is in a neutral state, which means that the short-term trend may still rely on more external factors to drive.
Early morning operation advice:
BTC102000-101500 line, looking down at 97500-98000
Aunt Tai 4020-4000 first line Gong look down 3950-3900 #BTC #ETH
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🥇 Macro/12.08 Flatbread Aunt too early in the morning
Based on the current market data, the range-bound fluctuation of BTC in the past two days indicates that the market is still absorbing the fluctuations brought about by the fundamentals, and the current price is hovering between key support and resistance levels. In the short term, if the price falls below the support level of 96600, it may further test the key level of 90000; once the support level is effectively broken, the price may continue to decline below this week's low point of 90000.
On the contrary, if the coin price can successfully break through the resistance range of 102000, it will open up a broader rise channel for long positions, and the next target will point to the 103000 area. If the upward trend continues, it may even touch the psychological barrier of 110000. The daily candlestick technical indicator currently shows that the market is in a neutral state, which means that the short-term trend may still rely on more external factors to drive.
Early morning operation advice:
BTC102000-101500 line, looking down at 97500-98000
Aunt Tai 4020-4000 first line Gong look down 3950-3900
#BTC #ETH