The market in the morning rose strongly at midnight, and there was a slight correction in the morning. The price of the currency fell back and touched the support near 97700 to stop falling. The market regained and stabilized at 98000. The Ethereum market fell back to 3450 to stop falling, and the market also recovered to 3500. The entry range given in the morning was also perfectly given. The correction strength was supported by the top and bottom conversion of the suppression near 99700 yesterday. Before the short-term effective support fell below, it can still maintain a bullish mindset.
The current trend shows high consolidation, and the hourly line continues to fluctuate in a narrow range. The market slowed down due to the Christmas of the US stock market. Therefore, short-term operations should change their minds and take appropriate profits. In the long run, the current support level is still firmly held between 95,000 and 100,000. Although it fell to 92,000 yesterday, it still stabilized near 97,000 today, which also shows that the bottom support of the market is not fragile. Looking back at the previous period, the correction of the big cake after the Fed meeting was indeed depressing. The continued weakness of the market seems to give people the illusion that Bitcoin is going to collapse, but the general trend has not changed. Therefore, the correction of the bull market will bring a new round of opportunities. On the eve of Trump's handover, Bitcoin will not fall below the 90,000 mark even if it corrects again. Long-term investors can safely enter at a low level.
Bitcoin can be more than 97,300-97,700, and around 99,500 in the short term. Ethereum can be more than 3,450-3,480, with a target of around 3,600. #本周微策略是否继续增持BTC? #萨尔瓦多将“加速”增持BTC $BTC $ETH