#加密生态动态追踪 $BTC 12.12 Midday Market Analysis

Bitcoin initially surged in the morning then pulled back, forming two bearish candles, making the market look a bit weak. Although still above the middle band of the Bollinger Bands, the bodies of those bearish candles are getting larger, indicating that the bulls are clearly losing momentum. The upward slope of the three Bollinger Bands is also starting to slow down, signaling a weakening bullish momentum.

From a moving average perspective, the price is deviating too far from MA169 and MA144, and it will eventually need to come back and test these levels. Coupled with consecutive bearish candles, the MACD red bars are shrinking, showing that the bullish energy is diminishing. The support line at the middle band of the Bollinger Bands is currently being tested.

The capital situation is quite interesting — the funds that pushed the price up are now retreating. Selling pressure above 92,500 has noticeably increased, while only sporadic buy orders are coming in around 92,000 below. The lack of large capital support means the short-term bears still hold the advantage.

Recent trading strategy: Consider shorting within the 93,000-93,500 range, with targets near 92,000 and 91,500.