12.11
#美联储降息 The recent market is in a state of fluctuation, after Bitcoin surged to around 94000 in the early morning and then retraced, with a pullback of over 4000 points that has not effectively continued, bullish sentiment still dominates.
From a technical perspective, the 4-hour chart shows that the market is in a correction phase after a rise, with weak bearish momentum, and the pattern of more bullish candles than bearish ones remains unchanged. This round of retracement is a normal technical adjustment and not a trend reversal. In terms of operations, rely on support levels to build low positions.
Operation suggestion: Plan to go long near 89800-890000, with a target of 91500-92500, and if it breaks through, continue to look above 93000.
Currently, the suggestion is to focus on going long around 3195-3150, with a target of 3290-3360.
