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12.17 Morning Technical Analysis
After the four-hour continuous upward movement, the bulls broke through the high point. Although there is room for retracement, the overall upward trend is self-evident. The retracement will only return to yesterday's starting point of the rise, and after the previous multiple retracements, it is unavoidable to give another strong rise.
Looking back at the 105,000 mark is just last week's news. In terms of the overall trend, it's not because the price has risen that we come out and say we're bullish. We've always maintained a bullish mindset in the long run. In terms of operations, everything is based on waiting for the completion of the callback correction, and the main rhythm is to go long. With the return of the bulls, we will continue to be dominated by the bulls and make long-term follow-up layouts!
Morning Bitcoin retraced directly from 105500-105000, with a potential rise to 107500. #币圈 #加密货币
I directly held my ether retracement at 3950-3930 and look to go up to 4100.