12.10 Morning Review: Upward Trend Continues, Maintain Long Positions
Market sentiment is relatively warm, with consecutive daily gains and prices steadily rising along the upper Bollinger band. Trading volume is expanding, indicating sufficient bullish momentum, and the upward trend remains intact, with a high probability of continued gains.
The hourly chart shows a brief consolidation, which is a normal technical correction. The Bollinger bands are continuing to widen, leaving room above; the KDJ indicator has entered the overbought zone, indicating a potential need for short-term corrections, but the overall upward pattern has not changed.
Operational advice: Maintain a bullish outlook, look for opportunities to enter long positions as prices pull back to key support levels, and strictly control risks with stop-loss orders. If price and volume can continue to align, the trend may further push upward.
First Bitcoin suggestion: Buy near 92000, target 94000.
Second Bitcoin suggestion: Buy near 3290, target 3400.
