#加密生态动态追踪 December 12th BTC Midday Technical Analysis

The morning trend is quite interesting — after pushing up to 93547.3 and reaching a temporary high, it started to close lower consecutively, then retreated to around 91500 before stabilizing. Currently, it’s hovering between 92200 and 92000, which is a typical "correction after a top at high levels" situation. The bullish momentum is clearly waning, and the bears haven't formed a trend-based pressure; in the short term, it’s a stalemate between bulls and bears.

From the candlestick patterns, although there was a rebound after the surge, the real bodies are getting smaller, and the selling pressure above is quite heavy. After hitting the bottom, although there are consecutive positive candles, there’s no sign of volume breakout beyond the highs, and the consolidation pattern remains unchanged.

Key Price Zones:
• 92500-93000 — This area often acts as resistance during rebounds, with heavy short-term selling pressure
• 93500-93600 — Near today’s high, the bulls' defensive line. A breakout requires increasing volume
• 92000-92100 — The current pivot zone of consolidation, with moderate support strength
• 91500-91800 — Early morning support zone, with relatively genuine buy orders

Trading Ideas: Range-bound trading means selling high and buying low; avoid heavy positions before a clear breakout.

Upward Strategy: When rebounding to 92500-93000 and encountering resistance candles, open short positions, with a stop loss above 92200, targeting 92000-91600. Alternatively, if the price reaches 93300-93500 but doesn’t break through with volume, add to short positions, with a stop loss at 93800, aiming for 92200-92000.

Downward Strategy: If the price drops to 91600-91800 and shows signs of stabilizing, try a small long position with a stop loss at 91300, targeting 92200-92500, and take quick profits at resistance levels. If it directly breaks below 92000 and then quickly rebounds back above this area, consider adding a small long position at 92000-92100, with a stop loss at 91700, targeting 92400-92700.

$BTC