December 11th Evening BTC Trend Analysis
Yesterday's main strategy to short at highs was clear. Today's market has fallen back 4000 points and returned to the long-short game zone.
With favorable news landing and Japan's interest rate hike expectations pressing down, it is difficult to see a significant rise in the short term. There is a high likelihood of a sharp rise to induce buying before descending, with declines potentially continuing until the 19th.
The strategy for the coming week is to short at highs, with intraday resistance levels at 91000 and 91800. If the rebound does not break these levels, the bullish pattern will deteriorate. Support below is seen at 87700 and 86500; if 91800 is broken, the market is expected to test the resistance level of 94000.
