December 6 Morning Bitcoin Market Analysis

Yesterday, Bitcoin exhibited a one-sided downward trend, with prices gradually declining from the 91800 level. In the evening, after touching 91400, there was a sudden waterfall-style crash, breaking below the critical support level of 88000, and the current coin price is fluctuating around 89000 in a narrow range. The short-selling strategy laid out yesterday has been fully realized, and the high short strategy remains unchanged today.

From a technical perspective, the daily MACD indicator continues to maintain a death cross pattern, with the green energy bars significantly expanding compared to the previous trading day, and bearish momentum continues to be released; the RSI indicator has dropped below the 40 integer level, not yet entering the oversold zone, and short-term downward momentum still exists, with various technical indicators resonating with the bearish trend.

Bitcoin is short around 89900-90400, targeting a lower range of 89000-88400.

Ether is short around 3060-3080, targeting a lower range of 2980-2920#比特币VS代币化黄金 #美SEC推动加密创新监管 $BTC $ETH