12.4 Bitcoin Aunt Evening Thoughts
1H This wave has already ground to a close, the fluctuations are getting smaller and smaller, and market sentiment feels locked in a box, stifling. The upper range of 93k–94k has been attacked multiple times, all mercilessly smashed down, and the short-term top pattern is already very obvious. Below, 92k still provides some support, but each rebound is soft and weak, a typical case of "being pushed back down as soon as you lift your head".
MACD has already crossed to the downside, green bars are starting to gain strength; RSI has dropped directly to around 40, the entire rhythm has shifted into a weak zone; KDJ continues to cross downwards, the J value is plunging without any sign of stopping the decline.
4H is consolidating sideways, and 1H is sliding down, which is a standard short-term bearish oscillation structure. It’s not the kind of big top that is about to collapse, but it’s definitely not a place to chase long positions casually. The current bulls feel more like "not able to go up, not able to go down, and quite tired". The risk of chasing longs in the short term is much higher than the price seen.
Personal Suggestion
Bitcoin: Enter short at 93500-94000, target down to 92000-9w, if broken look at 88000!
Aunt: Enter short at 3200-3230, target down to 3100, if broken look at 3050!
