#数字资产行情上升 Morning Market Highlights for Wednesday, December 10
Bitcoin surged directly to the 94,600 level last night, still a bit short of 95,000. The resistance at 95,000 is indeed significant, so it’s understandable that the upward move didn’t break through this time.
There are only a few days left in the December Fed rate cut window. To be honest, BTC's current price isn’t particularly high, and even bearish news can hardly suppress the bulls' momentum. So my optimistic outlook remains unchanged, and today’s key is still whether 95,000 can be truly broken. The pace might be a bit slow during the day, but as long as it breaks through, there shouldn’t be any major issues going forward.
This morning’s strategy still revolves around going long from lower positions.
Trading Strategy Go long in the 91,500 to 92,000 range, with the first target at 95,000. If it successfully breaks out, look for further upside opportunities; if it gets stuck, consider trying a short position.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
NotAFinancialAdvice
· 2h ago
94600 can't break through, what are you saying... Is this barrier really this tough?
View OriginalReply0
LayerZeroHero
· 12-10 03:02
94600 almost broke, and the technical data of this resistance position is really interesting. It turns out that the bull momentum is still there, and it depends on whether the Fed's voice in the past few days can continue to support the breaking window
View OriginalReply0
FallingLeaf
· 12-10 03:02
94600 still want to rush again? 95,000 really depends on how the bulls are doing today, anyway, I am waiting for the breakdown before moving
View OriginalReply0
Ser_APY_2000
· 12-10 03:02
94,600 can't rush up, 95,000 is still early, this threshold is really hard
View OriginalReply0
FarmToRiches
· 12-10 02:41
Even hit 94,600 and still can’t break 95k? This resistance is really tough. Feels like we’ll be watching this all afternoon today.
#数字资产行情上升 Morning Market Highlights for Wednesday, December 10
Bitcoin surged directly to the 94,600 level last night, still a bit short of 95,000. The resistance at 95,000 is indeed significant, so it’s understandable that the upward move didn’t break through this time.
There are only a few days left in the December Fed rate cut window. To be honest, BTC's current price isn’t particularly high, and even bearish news can hardly suppress the bulls' momentum. So my optimistic outlook remains unchanged, and today’s key is still whether 95,000 can be truly broken. The pace might be a bit slow during the day, but as long as it breaks through, there shouldn’t be any major issues going forward.
This morning’s strategy still revolves around going long from lower positions.
Trading Strategy
Go long in the 91,500 to 92,000 range, with the first target at 95,000. If it successfully breaks out, look for further upside opportunities; if it gets stuck, consider trying a short position.
$BTC $ETH $BNB