December 12 Trading Ideas:

In the current trend of Bitcoin, the bulls are launching a full-scale offensive with the stable support of CPI data, successfully breaking through the short-term resistance level. The daily chart shows a large bullish candle that has completely recovered all the declines of the previous two trading days, achieving a breakout situation and steadily standing above the 100,000 mark. Meanwhile, the 4-hour K-line has continuously closed bullish, presenting a V-shaped reversal pattern. After a series of strong bullish candles, there has been no significant pullback, indicating that the short-term correction phase is basically declared over, and the bulls are in an absolute advantage. The subsequent market is very likely to continue to rise along this bullish trend and test the upper resistance level. However, considering the considerable short-term increase, one needs to be cautious of price pullbacks for adjustments.

Operation Strategy:

Place long positions in the range of 100000 - 100300, aiming for a target price of 101500 - 102000, with a stop-loss set at 99800.

(Market conditions are unpredictable, and the above content is for reference only!)

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