BTC daily chart is oscillating downward, with long shadow bearish line indicating that short positions are dominant but resistance is appearing. The hourly chart is weakly oscillating within the 86500-88000 range, with rebound lacking strength.
Both the large and small time frame moving averages are in a bearish arrangement, creating short-term pressure. The core volatility range at the hourly level is 86500 - 88000.
The market is in a downward continuation consolidation phase within a short-term bearish pattern. Although the daily chart shows slight stabilization signals, a stronger rebound must emerge at the hourly level and break through key resistance to reverse the short-term downturn.
12.24 BTC trading strategy: 89200-88300 short positions, stop loss above 90200, target 87100-85800 285400-86300 more, stop loss below 84500, target 87800-88800
12.24 Ethereum operation strategy: 3015-2975 short positions, stop loss above 3055, target 2895-2860 Buy between 2845-2885, stop loss below 2795, target 2925-2965 $BTC $ETH #加密市场小幅回暖
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BTC daily chart is oscillating downward, with long shadow bearish line indicating that short positions are dominant but resistance is appearing. The hourly chart is weakly oscillating within the 86500-88000 range, with rebound lacking strength.
Both the large and small time frame moving averages are in a bearish arrangement, creating short-term pressure. The core volatility range at the hourly level is 86500 - 88000.
The market is in a downward continuation consolidation phase within a short-term bearish pattern. Although the daily chart shows slight stabilization signals, a stronger rebound must emerge at the hourly level and break through key resistance to reverse the short-term downturn.
12.24 BTC trading strategy:
89200-88300 short positions, stop loss above 90200, target 87100-85800
285400-86300 more, stop loss below 84500, target 87800-88800
12.24 Ethereum operation strategy:
3015-2975 short positions, stop loss above 3055, target 2895-2860
Buy between 2845-2885, stop loss below 2795, target 2925-2965
$BTC $ETH #加密市场小幅回暖