BTC, ETH Price Trend Observation | Market Quick Report for December 11 Morning

This early market movement is worth paying attention to. Bitcoin surged to 94,500 and was immediately pushed back, now it has fallen below 91,900. This is quite typical—each peak is lower than the previous one, and rebound力度 is weakening. The bulls clearly lack strength, and there is significant selling pressure above.

From a technical perspective, the 4-hour moving averages show signs of bearish alignment, and the RSI has dropped below 50. The market feels weak overall. Looking at trading volume, volume decreases during rebounds and increases during declines, indicating that the bears are accumulating力量. If Bitcoin cannot hold above 92,500, the 91,900 level may be tested again, and it could even continue to probe lower.

The short-term resistance zone is between 93,000 and 93,500. Whether the rebound can effectively break through this level is crucial—if it can't, the bearish outlook should be considered. Once 91,900 is broken, downside空间 will open up, likely targeting around 90,500 or even 90,000.

Ethereum's momentum is quite similar.

**Trading Recommendations**
- BTC: Short at 92,500-93,000, target 90,000
- ETH: Short at 3,370-3,400, target 3,220