Master Discusses Hot Topics:

Last night, as expected, the CPI data caused a market surge, mirroring last Friday's non-farm payroll performance. However, what Master wants to emphasize is the iron law of decline mentioned in yesterday's article: in most cases, a downward trend will not last more than 72 hours. This is not superstition; it is a rhythm law of the market.

Many people say that it is difficult to see trends, and indeed, it feels elusive, like scratching an itch through a boot. But it is not that hard—interest rate cuts, ETFs, elections, unemployment rates; various clues have left clear traces in a century of history. It all depends on whether you can apply this main line. Master often says, "Trend is king," where "king" refers to the causal law of trading.

Let me share a thought: who would be the first president in history to want to build a "cryptocurrency empire"? He would claim on stage: "In the early days of my term, Bitcoin will hit $150,000!" And the vice president, SEC chair, and CFTC chair would all be crypto supporters. What a vivid picture, right? This is not a fantasy but a narrative war behind the capital market, and perhaps we will really see it in the future.

Back to Bitcoin, today’s turnover rate has decreased by nearly 50% compared to yesterday. What does this mean? It means that the panicked investors have mostly exited, and market sentiment is cooling down, gradually returning to rationality. Short-term investors still dominate the situation, but the process of washing out floating positions has just begun.

After Microsoft voted not to buy Bitcoin, the market fluctuated within a range of 1000 points, and many friends thought the market had stalled. In fact, the real core of the market is who the buyers are.

The pessimistic predictions of retail investors between 80k and 70k are understandable, but what they may not have noticed is that the selling pressure in the market has already weakened. As long as there are no obvious negative news, no one is willing to easily give up their positions.

Currently, the support at 94,500 is still relatively strong. If $MSTR is indeed included in the Nasdaq 100 index as rumored, it will undoubtedly further boost market sentiment.

The good news is that we might see a brief wave of excitement over the weekend, but the bad news is that whether the FOMO sentiment can continue on Monday is really hard to say. After all, what comes quickly often leaves even faster; the market, like life, has its ups and downs, all in an instant.

So don’t always complain that Master’s words are too verbose; the underlying logic needs to be savored slowly. It’s easy to be bullish for a moment; it’s the long-term persistence that is the hardest. When everyone is bearish, being able to calmly say "it's okay" is true trust in the trend.

Master Looks at Trends:

With the CPI data meeting expectations, market uncertainty has been eliminated, prompting Bitcoin to rebound and break through the 100K range again. Since 100K has been breached again, we need to see consolidation and stabilization in the 100K range before we can expect a short-term rebound, thus maintaining the view of stabilization at 100K.

Resistance Levels:

First Resistance Level: 101500

Second Resistance Level: 102300

Support Levels:

First Support Level: 100500

Second Support Level: 99500

Today's Suggestions:

If Bitcoin can hold the first support level in the short term, it is likely to form an N-shaped upward trend. This is a key area for expecting a short-term rebound, and it is recommended to use 100K as a psychological support level for short-term operations.

The range of 100K to 100.5K is also an important trading range for further upward movement. If the price does not break below the low and consolidates sideways, the bullish view will continue. It is important to note that there is a new high point above 100K, which is also a strong resistance area, making it unsuitable for new medium to long-term positions at this stage.

Intra-day, we can still maintain a bullish view and plan to try entering during the adjustment phase. We look forward to successfully stabilizing above 100K, and we can attempt to position ourselves in the pullback area while closely monitoring the trading volume changes at the maximum support level of 99.5K.

12.12 Master’s Wave Strategy:

Long Entry Reference: Light long positions in the range of 99300-98800. If it falls back to around 98200, go long directly. Target: 100500-101500.

Short Entry Reference: Light short positions near 102950. Short directly in the range of 103800-104100. Target: 101500-100500.

This article is exclusively planned and published by Master Chen (public account: Coin God Master Chen). For more real-time investment strategies, solutions, spot trading, short, medium, and long-term contract trading techniques, and knowledge about K-lines, you can join Master Chen for learning and communication. A free experience group for fans has been opened, along with community live broadcasts and other quality experience projects!

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