$BTC Evening precise 90700 near big pancake, again it's a thousand points big meat, can reduce positions, continue to look down.
If this position 89400 can't hold, then it will see 88000
On the evening of 12.11, the big pancake
The hourly chart of the big pancake has broken below the price channel, and the lower edge of the price channel is the current resistance level the big pancake faces, which is around 90700. Only by reclaiming the internal operation of the price channel and breaking through the upper resistance level of 91400 can the big pancake stop its decline.
If you want to reverse and look at the upward trend again, then the big pancake must stabilize and break through 92700 to convert into an upward trend. Market trends have inertia; it's easier to drop than to recover in the short term. After all, I've said many times, never underestimate the power of Old Bao; I believe there's still one more drop before the market can digest.
Currently, around 89360 is a small support for the big pancake, but if it wants to break down, it could happen in an instant. If it can't rise and also can't fall, then let's trade in the range of 89360-90700 and wait for the U.S. market.
In the evening, the big pancake is looking to consolidate near 90700-91400, with a target of looking down towards 89600-88000
#美联储降息 #加密市场反弹 #加密市场观察 $BTC $ETH $BNB
The hourly chart of the big pancake has broken below the price channel, and the lower edge of the price channel is the current resistance level the big pancake faces, which is around 90700. Only by reclaiming the internal operation of the price channel and breaking through the upper resistance level of 91400 can the big pancake stop its decline.
If you want to reverse and look at the upward trend again, then the big pancake must stabilize and break through 92700 to convert into an upward trend. Market trends have inertia; it's easier to drop than to recover in the short term. After all, I've said many times, never underestimate the power of Old Bao; I believe there's still one more drop before the market can digest.
Currently, around 89360 is a small support for the big pancake, but if it wants to break down, it could happen in an instant. If it can't rise and also can't fall, then let's trade in the range of 89360-90700 and wait for the U.S. market.
In the evening, the big pancake is looking to consolidate near 90700-91400, with a target of looking down towards 89600-88000
#美联储降息 #加密市场反弹 #加密市场观察 $BTC $ETH $BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
88,610.06
-1.93%
BNB
883.39
-1.60%
ETH
3,075.13
-1.49%