#美联储联邦公开市场委员会决议 Bitcoin surged to 94555 last night and then started to fall back. The 4-hour K-line showed a double top pattern, being firmly pressed down by the MA144 and MA169 moving averages. After breaking the support level, the rebound strength was insufficient, indicating that the bears are still in control of the momentum.
The current strategy is to look for shorting opportunities in the range of 91200 to 92200. If successful, the first target is around 89500, and further down is approximately 88000. The correlation between $BTC and $ETH is still quite close, especially under the backdrop of the Federal Reserve's policy game, where short-term risk appetite may fluctuate again.
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GasGuru
· 12-11 13:30
Well... MA144 is holding down so hard, it feels like we still need to keep falling
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Double top breakout is indeed a bearish signal, but whether 89500 can hold is the key
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Bear control? Ha, I think the rebound is quite fierce
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Selling short at 91-92 sounds good, just worried about a false breakout, this kind of market is the most annoying
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Once the Federal Reserve makes a move, all technical analysis is useless; we can only bet on policy
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Failing to rebound after breaking below, unable to rise during upswings, can't we stop being so irritating
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88000? If it really drops to that level, I’ll go all in
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Intense correlation, huh? Then let’s see which one breaks first as the leader
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Yesterday’s 94555 was knocked down, it feels like there’s still room for further decline today
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Short-term fluctuations are a good opportunity to cut leeks; I choose to wait and see
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PumpDetector
· 12-11 13:29
ngl that double top got rejected harder than my mt gox withdrawal request... bears sniffing around 91-92k like vultures rn, not convinced tho. institutions always got tricks up their sleeves when it looks this obvious.
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MoonRocketTeam
· 12-11 13:26
The bears are indeed loading ammunition; the 94555 level is a signal that the fuel is exhausted...
I trust your technical analysis, but this wave of decline is a bit too smooth, and I have a feeling that a major move is brewing.
I'm also watching the 91200-92200 range, just worried that the bulls might suddenly launch an attack and directly burn through the moving averages.
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WalletDoomsDay
· 12-11 13:24
Double top resistance, the bears won again? This routine every day, why am I still waiting idly for a rebound?
#美联储联邦公开市场委员会决议 Bitcoin surged to 94555 last night and then started to fall back. The 4-hour K-line showed a double top pattern, being firmly pressed down by the MA144 and MA169 moving averages. After breaking the support level, the rebound strength was insufficient, indicating that the bears are still in control of the momentum.
The current strategy is to look for shorting opportunities in the range of 91200 to 92200. If successful, the first target is around 89500, and further down is approximately 88000. The correlation between $BTC and $ETH is still quite close, especially under the backdrop of the Federal Reserve's policy game, where short-term risk appetite may fluctuate again.