12.24 Wednesday Morning Thoughts
Currently, from the perspective of the Bitcoin market, the Bollinger Bands on the four-hour level continue to trend downward, with prices operating within a descending channel. Multiple attempts to break the middle band during the early morning have failed, indicating strong resistance above. The MACD indicator has formed a death cross at a high level and remains below the zero axis, with bearish momentum gradually increasing.
Morning trading suggestion: focus on rebounds for high positions
Bitcoin: range of 88000-88800 for high positions, looking down at 87000-86000
Aggressive entry in batches, with proper defensive layouts. #比特币与黄金战争 $BTC
