Bitcoin Market Strategy Complete Summary
1. Overall Trend: Last week showed a fluctuating downward trend, with prices hovering below $90,000 since Wednesday, ultimately closing below last week's bull-bear line, with bears holding a temporary advantage.
2. Key Resistance Verification: $91,630 (Fibonacci 0.618 golden retracement point) has not been effectively breached, with multiple attempts being suppressed, and no trading day has remained above this level; the monthly bull-bear line has also faced significant pressure, being strongly suppressed after repeated touches last week, validating the effectiveness of the resistance.
2. Core Trading Parameters for This Week
1. This Week's Bull-Bear Line: $90,059 (current price hovers near this level, with intense long-short competition)
2. Long Position Take Profit: $92,752→$94,416→$97,110
3. Short Position Take Profit: $87,366→$85,702→$83,008
4. Key Resistance Level: $91,630 (continues to exert strong pressure this week, unchanged); $90,000 is an important psychological and practical threshold.
3. Long-Short Structure and Year-End Market Prediction
Short-term Structure (This Week): Prices fluctuate around $90,059, the bull-bear line for this week; if it can effectively break through this level, short-term bulls have a slight advantage; conversely, bears dominate the short-term trend.
Trend Structure (This Month): Technically, bears hold a clear advantage, with the monthly bull-bear line never being effectively breached, maintaining a medium to long-term bearish tone.
Year-End Market Characteristics: By December 31, the phenomenon of mutual killing in the options and stock markets will continue to intensify, becoming a core factor driving wide price fluctuations; if $90,000 is lost, it is very likely to fall below the average cost price of some listed companies' holdings, triggering passive selling and further amplifying downward momentum.
Conditions for Going Long: Only when the price effectively remains above $91,630 can short-term long positions be initiated, targeting this week's long take profit range, with strict attention to position and volume changes.
2. Conditions for Going Short: If the pressure at $91,630 remains effective, the strategy should still focus on shorting at highs, based on this resistance level, with the targets below successively focusing on this week's short take profit points. $BTC #比特币波动性
