$BTC 12.10 Midday Pancake Thoughts

Currently, Bitcoin is in the 'high rebound after consecutive daily gains + short-term pressure' phase:

Although the daily chart once showed consecutive gains, the price retreated after reaching the high point of 94555, and the trading volume significantly decreased after the high rebound, indicating signs of loosening in the upward channel, and bullish momentum is starting to weaken;

The 4-hour chart shows a 'high rebound - retreat - fluctuation' pressured trend, with the pullback gradually expanding, and the rebound strength continuing to weaken, representing a profit-taking phase after the rise;

Although the Bollinger Bands are expanding, the signs of a turn in the upper band have started to appear, with the price retreating from closely adhering to the upper band to near the middle band, and the support strength of the moving average is weakening, clearly indicating short-term pressure characteristics.

Operation suggestion: Short near 93000-93500, target: 92000, 91500#加密市场观察 #比特币VS代币化黄金 #BTC走势分析