12.15 Bitcoin Market Analysis:

Based on the current market structure, the daily chart has entered a sideways consolidation after two consecutive bearish candles, with the overall pace significantly slowing down, exhibiting typical weekend market features of light trading and lack of clear directional intent. The price has not yet accelerated downward, but the upward momentum remains weak, and the rebound attempts are under continuous pressure. From a technical perspective, the KDJ indicator confirms a dead cross at high levels and continues to diverge downward, signaling short-term weakness and further consolidating the dominance of the bears. Before the trend effectively reverses, any rebounds should be viewed as technical corrections rather than reversal signals. Meanwhile, although the MACD histogram remains red, it stays below the zero line and continues to expand, indicating that bearish momentum has not substantively diminished. During the rebound phase, trading volume has not cooperated effectively, and the bullish follow-through remains subdued. Therefore, this morning’s operations should mainly focus on shorting at rallies.

Trading suggestion: Short near 89600-90200, with targets around 88600-87500. #美联储降息 #广场发帖领$50 #Gate11月透明度报告出炉