December 23rd Morning Thought Analysis
Yesterday's market trend was highly consistent with expectations. After the major coin (Bitcoin) retraced and tested around 87800, it found support and rebounded, steadily rising to the target area of 90500, gaining a space of 2750 points, while Ethereum also followed suit with an increase.
From the 4-hour structure observation, the major coin is currently in a stage of accumulating bullish energy. Although there was pressure and a pullback after a short-term surge, the market's volatility has increased, but each pullback low is gradually rising, and important support levels have not been broken. The market shows strong buying support; prices continue to operate above the middle track of the Bollinger Bands, which are gradually narrowing and brewing upwards, with the oscillation pattern gradually shifting towards a bullish trend, and momentum is accumulating. In subsequent operations, attention can still be paid to long opportunities after pullbacks.
Operational Suggestions
Buy the major coin on the pullback near 88100-87600, with a target looking at 89500-90500, and if it breaks through, continue looking at 91000.
