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Bearish
$BTC Daily Market Analysis (12.9) ❤️ Brother 20,000 is here, from now on, this account will be updated by Brother 20,000, and the live broadcast will also be done by me.
Daily Level: A short-term bullish trend is forming, and after the structure is completed, it will continue to decline. The target expectation of 7.6 has always been there. Currently, the adjustment for the range of 1.55-12.63 is still ongoing and has not ended. The daily level resistance is at 9.35 and 9.6.
4-Hour Level: Currently operating within a parallel channel. The upper channel resistance is at 9.52, and the lower channel support is at 8.55. On the right side of the 4-hour level, attention should be paid to short positions around 9.2. If a bearish signal appears here, you can enter directly. If it goes directly above 9.2, don't make any rash moves. After going up, the targets will be 9.35 and 9.55. The position near 9.55 is crucial, resonating with the daily pressure, so this is certainly a place to consider entering for the mid to long term.
Intraday Short: A real drop below 8.96 is needed to reach the lower levels of 8.75 and 8.55. The upper levels are 9.2 and 9.35 on the right side. Aggressive players should manage their stop-loss well.
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