12.16 Bitcoin Strategy: Today is a suggestion for everyone to play short-term; it is estimated that before the news of Japan's interest rate hike on the 18th, there will likely be fluctuations. Bitcoin tested support at 850 in the early morning, and the support is effective, so 850 can be used as a defense to aim for long positions. Also, pay attention to the resistance around 865 during the day. If it stabilizes above 865, the rebound space can reach the 870-872 range. Only by breaking through the pressure at 872 will the rebound channel be completely opened. Given the current market's volume and strength, the probability is high. Regarding the strategy, first check if 865 can stabilize; if it stabilizes, then look at the strength of the resistance at 870-872. If it faces pressure, then take action. It is suggested to consider entering around the support near 850, with a large range of 850-870, aiming for high shorts and low longs. $BTC
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