BTC Morning Technical Analysis:

Daily Level:

Yesterday's analysis suggested the possibility of forming a double bottom structure, but it seems that yesterday's daily candlestick closed poorly without breaking upwards, which may lead to a triangular formation. The daily downtrend and key positions still have not broken, and a reversal cannot be seen yet.

Four-Hour Level:

There has been no change at the four-hour level; it remains the same three key positions as yesterday. Currently, shorting is not suitable, and the short position in the four-hour timeframe is near 95893.8. For now, we are just observing and waiting for #BTC走势分析 .

News Analysis:

Looking ahead, I still hold a positive outlook; the current contracts are difficult to trade, and I still recommend that everyone allocate some to spot trading.

On December 3rd, multiple positive factors drove the price of Bitcoin to briefly surpass $93,000. Key positive news includes: 1. Major shift in institutional attitudes: global asset management giant Vanguard has allowed clients to trade Bitcoin ETFs for the first time, creating the 'Vanguard Effect' that brings in a large flow of funds; Bank of America has suggested that its financial advisors allocate 1%-4% of clients' assets to cryptocurrency. 2. Macro policy expectations: market expectations for the Federal Reserve to cut interest rates in December have sharply risen to around 87%-89%, and rumors suggest that a White House advisor supportive of rate cuts may be nominated as the next Federal Reserve Chair, reinforcing easing expectations. 3. Regulatory dynamics: the Chairman of the SEC has hinted at plans to introduce an 'innovation exemption' framework for digital asset companies, indicating a friendlier regulatory environment. These messages have collectively boosted market confidence.