12.24 Wednesday afternoon BTC market analysis



The overnight BTC trend initially suppressed and then rebounded, with the price dipping to the 86500 level before quickly bouncing back, peaking around 88300 and then retreating under pressure. Currently, it is oscillating around the 87600 range, and the previously arranged high short strategy has successfully realized profits.

From the 4-hour K-line technical perspective, the price has returned to operate within the track after falling below the lower Bollinger Band, showing a trend of approaching the middle track; the KDJ indicator's three lines have turned upward to form a golden cross, while the MACD bearish energy bars continue to shrink, and the momentum is gradually accumulating. The early trading strategy suggests focusing on a low-dip approach.

Personal suggestion, for reference only (strictly set defense)
BTC can be traded around 85800-86500, with a target of 88300-89000.
BTC1,87%
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