12.11 Qin Feng Morning Thoughts

The 4-hour chart of the big pie shows that the market is in a technical adjustment phase after a rise, with insufficient bearish momentum. The candlestick structure still presents a pattern of more bullish than bearish. This round of decline is viewed as a normal technical correction rather than a trend reversal. In terms of operations, it is recommended to rely on key support levels, primarily focusing on low bullish positions.

$BTC can go long in the range of 89000-89800, with a target of near 90800-92000 for a breakthrough that can continue to rise. If it does not break through 92000, then consider going short.

$ETH can go long in the range of 3180-3220, with a target of near 3250-3280 for further upward movement #加密市场反弹 .