Yesterday, the bulls were trying to test the market. After reaching 90,000, it immediately dropped back down, and floating supply is still at play, indicating that market consensus has not yet unified. Therefore, it remains to be viewed as volatile.
1) The entire fluctuation range is divided into three parts, with 89,000 as the central axis. Above it is considered strong, below it is weak. 2) Do not break below the key support level of 83,700; there's no need to be pessimistic. Currently, it is at the 4-hour support level. Avoid directly chasing short positions. Support and resistance levels: 4-hour support: 83,700 - 85,500 4-hour resistance: 89,000, 94,000 #今日你看涨还是看跌?
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#BTC Market Analysis 12/18
Yesterday, the bulls were trying to test the market. After reaching 90,000, it immediately dropped back down, and floating supply is still at play, indicating that market consensus has not yet unified. Therefore, it remains to be viewed as volatile.
1) The entire fluctuation range is divided into three parts, with 89,000 as the central axis. Above it is considered strong, below it is weak.
2) Do not break below the key support level of 83,700; there's no need to be pessimistic. Currently, it is at the 4-hour support level. Avoid directly chasing short positions.
Support and resistance levels:
4-hour support: 83,700 - 85,500
4-hour resistance: 89,000, 94,000
#今日你看涨还是看跌?