#美联储降息 Bitcoin maintains a bearish outlook tonight, and the bulls are already showing clear signs of fatigue.
This morning's bearish signals were quite evident. The short-term pattern is now very clear— a downtrend has emerged, buying momentum continues to weaken, and rebounds are being suppressed. The technical indicators show that the bulls have little remaining strength, support levels are being continuously eroded, and there is ample space below.
Stick to the bearish outlook; this wave of market movement will focus on short positions within the range of 91,500 to 91,000. The initial downside target is around 88,500, and if it breaks below, it could continue down to 87,000.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
23 Likes
Reward
23
7
Repost
Share
Comment
0/400
VirtualRichDream
· 18h ago
The short position this time is really solid. Once 91,500 breaks, it will head straight to 88,500. The bulls are really losing momentum.
View OriginalReply0
WagmiOrRekt
· 12-14 00:04
If you can't hold onto 88,500, then it really depends on 87K. The bulls are indeed lacking strength this time.
View OriginalReply0
ContractCollector
· 12-11 12:00
The bears are so fierce, the bulls are really getting wiped out. No wonder 88500 hasn't been broken.
View OriginalReply0
HappyToBeDumped
· 12-11 12:00
The short position this time is indeed solid. Looking forward to whether 88500 breaks or not.
View OriginalReply0
GasSavingMaster
· 12-11 11:59
Hmm, the bearish idea isn't a problem, but I don't know if it can hold up to 87,000. It feels like the bulls still want to struggle a bit.
View OriginalReply0
CryptoComedian
· 12-11 11:51
Laughing and then crying, this bullish wave really has no stamina. Support levels are being eaten away one after another. Just looking at the 91,500 to 91,000 range shows how to play next.
View OriginalReply0
gas_fee_therapy
· 12-11 11:40
The short squeeze this time is really fierce; 88500 still needs to be broken. It feels like the bulls really have no chance.
#美联储降息 Bitcoin maintains a bearish outlook tonight, and the bulls are already showing clear signs of fatigue.
This morning's bearish signals were quite evident. The short-term pattern is now very clear— a downtrend has emerged, buying momentum continues to weaken, and rebounds are being suppressed. The technical indicators show that the bulls have little remaining strength, support levels are being continuously eroded, and there is ample space below.
Stick to the bearish outlook; this wave of market movement will focus on short positions within the range of 91,500 to 91,000. The initial downside target is around 88,500, and if it breaks below, it could continue down to 87,000.