$BTC December 11th Pancake Market Outlook

In the current market, the mid-term upward pattern in the 4-hour cycle is solidly established, with all previous pullbacks effectively supported within a reasonable correction range, and the core trend support level remains intact. At this stage, the sideways fluctuations are accompanied by a moderate increase in trading volume, which is a typical healthy turnover during an upward trend, providing strength for the continuation of the subsequent market.

Focusing on the 1-hour cycle, the volume-price relationship shows characteristics of increased volume on the downside and decreased volume on the rebound. Short-term market sentiment is becoming cautious, with a slight pullback demand in the short term, but this is not a signal of trend pressure or stagnation; rather, it is a normal trend of the market actively washing out positions and restructuring the chips. Early trading operations can continue to follow the main trend layout, reasonably setting defense levels to participate steadily while controlling the pace.

Pancake trading suggestion: Buy on pullbacks near 90000-89200, targeting around 91400-93000; if it breaks through, continue to target #加密市场反弹 .