December 13 BTC Market Review (13:00 Beijing Time)

• Current Price: Approximately $90,500, slight decline during the day, with a fluctuation of about 2%, oscillating around $90,000-$91,000.

• Core Rhythm: Weekend trading is relatively light, with bulls and bears repeatedly contesting between $90,000-$92,000, waiting for directional choice.

Key Price Levels

• Support: First level $90,000 (psychological barrier + short-term chip concentration area); strong support $89,000-$89,500 (4-hour Bollinger Band lower track + EMA support).

• Resistance: First level $92,000-$93,000 (multiple selling pressure points + Bollinger Band upper track); strong resistance $94,000 (recent high point).

Technical Overview

• 4-hour Chart: MACD contraction, DIF and DEA death cross, short-term bearish; Bollinger Bands are narrowing, with obvious oscillation characteristics.

• Daily Chart: RSI around 58, not overbought; 20/50-day moving average golden cross, medium-term bullish structure intact, with $90,000 as the short-term watershed.

• Funding Aspect: Approximately $170 million in liquidations across the network in 24 hours, with a high proportion of long positions; futures funding rates slightly positive, sentiment not overheated.

Short-term Strategy Reference

• Oscillation strategy as the main focus: Lightly test long positions near $90,000-$91,000, stop loss at $89,000, target $92,000-$93,000; if a rebound to $92,500-$93,000 encounters resistance, can lightly test short positions, stop loss at $93,500, target $91,000.

• Breakout strategy: Pursue long positions if breaking above $93,000 with volume, looking at $94,000-$95,000; exit and observe if breaking below $89,000, be cautious of a drop to $87,500.