12.13 Morning Technical Analysis

The daily line stabilizes and rises after multiple retracements to the support level below, with a slight pause near the medium-term bullish lifeline around 98000.
On the 4-hour chart, the retracement previously stabilized and rebounded at the 94,000 support level. This level serves as a short-to-medium-term bullish defense point. After a pullback, it successfully recovered lost ground and broke the weak downward trendline of the correction.
At present, the four-hour chart shows signs of retesting the high, but the short-term rhythm is relatively slow. Currently, the key resistance level is 102000. It was quickly regained by the bears after reaching this level in the evening.
Short-term overall trend | The daily trend shows a step-by-step upward pace, and it is only a matter of time before breaking through to new highs. Continue to maintain a bullish mindset and adjust in real time based on the pressure level of 102000.
Buy the dip on BTC at 99000-98500, target to watch
101000-102000#币圈 #加密货币