Tuesday🗓️ "December 23"

What is the driving logic behind the news that causes the rise and fall?

After the price broke through the 90,000 mark yesterday, it rebounded weakly from the high point of 90,500 to a low of 87,000. The market first rose and then fell, presenting a low volatility range of oscillation within a space of 3,000 points. Yesterday, Ziqing suggested a strategy of going short after a high, and both bulls and bears should have made some profits in this wave of market movement.

From a technical perspective, Bitcoin shows weakened short-term momentum, and the K-line has formed a Evening Star pattern. The three-phase trend of "bottoming out and recovering - reaching a high and peaking - quick drop" resonates bearishly with the downward trend of the short-term moving averages, suggesting that the market may face some downward pressure. The 90000 level above has formed significant resistance, with multiple attempts to break through failing, reflecting insufficient bullish confidence in the market. This aligns with the characteristics of a weak market, featuring "decreasing volume on rebounds and increasing volume on declines," indicating that selling pressure has not been fully released. Broad fluctuations still embody the logic of a tug-of-war between bulls and bears.

btc🎯 89500-90000 short Target 87500 Watch 86500-85500 after breaking $BTC

eth🎯 3030-3050 short Target 2950 If it breaks, pay attention to 2880 $ETH