12.8 Monday Large Pancake Midday Strategy Analysis

Hourly level high position oscillation slightly bearish, KDJ death cross confirms the continuation of the bears, weakening rebound with low volume, downward momentum not yet released. Clearly define the oscillation box's upper and lower edges, effective resistance levels suppress, breaking the support level will initiate a new wave of decline. Focus on shorting during the rebound, avoid entering at the middle of the range, do not bet on breakthroughs, and after breaking, follow the trend.

Suggestions

Short near 91500-92500, target 90000, around 85000. $BTC