12.3 Morning Silk Road

After the big pie tested the key support level of 87005 last night, it launched a strong counterattack during the midnight period, reaching a peak of around 92273, with a short-term increase of over 5000 points! The second pie followed the big pie's lead and strengthened, starting a one-sided upward trend from the low point of 2780, temporarily facing pressure after reaching the high of 3034, with impressive performance during the day!

From the current perspective, the daily level shows a clear pattern of rebound after a decline. After a series of bearish adjustments, the market is experiencing a strong bullish attack with a large green candle. The market not only successfully recovers most of the losses incurred earlier but also completes a breakthrough stabilization at the middle band of the Bollinger Bands. From a technical perspective, various indicators are forming a bullish alignment and extending upwards, with effective volume amplification, successfully reversing the previous weak pattern, and there are clear signals confirming the market bottom. On the four-hour level, the market presents a strong unilateral upward structure, and the upward trend line remains intact, maintaining the overall strong pattern. Although the current price has temporarily slowed down and entered a short-term consolidation phase, it does not disrupt the upward rhythm. "Buying on dips" remains the core operational strategy at present. In the short term, the price may experience slight corrections, but this is a healthy adjustment within an upward trend. The essence of the pullback is to accumulate momentum for the market, digest short-term profit-taking, and after the consolidation ends, the bulls are expected to gather strength once again and launch a new round of upward attacks, continuing the current strong rebound in the market.
Operation Recommendations
Bitcoin: hovering around 91000-90800, target near 93000
Second pancake: around 2970-2950, target near 3100 #成长值抽奖赢iPhone17和周边