Night market warning! The big pie struggles at the 90,000 mark, the long and short battle escalates 📊
The current market is all about games of chance! The probability of the Federal Reserve cutting interest rates in December has soared to 89.6%, but the 'fear of profit-taking' makes funds hesitant to act, and after spiking to $92,259 in the morning, it was directly pushed down for a correction.
The capital situation is even more divided: short-term ETFs saw a net outflow of $195 million for hedging, while exchange balances hit a new low since 2017, and institutions have a clear long-term support attitude.
Technically, the range is completely locked: the daily MACD remains inactive, the 4-hour Bollinger Bands are narrowing, with $88,000-$92,300 becoming the core battlefield. $280 million was liquidated in 24 hours, with 97,000 traders being liquidated; the sentiment is as fragile as glass, with no liquidity in the white market, and volatility is all stuck at key positions of attack and defense.
In the short term, it's a cautious oscillation; after losing the 90,000 mark, it will repeatedly grind between 89,370 (20-day moving average) and 91,000. Here's the practical advice:
① Long position at 89,500-90,000, stop loss at 88,000, target at 91,000-91,500;
② Short position at 91,000-91,500, stop loss at 92,000, target at 89,500-89,000.
Keep a close eye on the levels, don’t hold blindly!
