12.19BTC Morning Market Prediction

In the morning, BTC rebounded after dipping to a low of 84408.6, currently reported at 85453.5, forming a fluctuation repair pattern after a bottom probe. However, the rebound volume is insufficient, and it has not broken through the previous dense pressure zone of the intraday chart.

On the intraday chart, 85600-85800 is the short-term direct pressure zone (previous high-density trading area during fluctuations), while 84400-84300 is the core support.

The continuous long upper shadow candles highlight the pressure, with the coin price running near the lower Bollinger band, indicating that the weak pattern has not changed; KDJ shows a slowdown in the downward divergence at a low level, revealing short-term oversold signals, providing a basis for a technical rebound. However, the MACD death cross and green bars have not diminished, indicating that the bearish trend has not reversed. The rebound only recovers the intraday decline, without breaking the key resistance at 85800, suggesting limited strength in the bullish counterattack. The rebound is merely a short-term repair after being oversold, rather than a trend reversal.

On an intraday basis, first look for a fluctuation repair below 85800. If the volume breaks through this level, the rebound may further target 86000-86500; if it faces pressure and falls back, it will retest the 84400-84300 support.

Operation Reference:

- Long Position: Enter long in the 84800-84300 range, with the first target at 85600-85800. After breaking through, look for 86000-86500, with a stop loss below 84000.

- Short Position: Enter short when facing pressure in the 85800-86000 range, with a target of 85000-84500, and a stop loss above 86000. A break below targets 84300-83700, with a stop loss above 86500 #巨鲸动向 $BTC #加密市场观察 #ETH走势分析 #美SEC推动加密创新监管