12.14BTC Evening Forecast Analysis
From the current candlestick chart, it can be seen that the BTC price has continuously retreated from the 90300 level, with a rapid plunge occurring in the evening, reaching a low of 89419, and then slightly rebounding to around 89636.4. Overall, it presents a weak pattern of rising and falling + accelerated decline. Throughout the day, bulls have repeatedly attempted to break through the resistance zone of 90200-90300 but have failed, forming a temporary double top pattern. Subsequently, the bears exerted force, triggering a breakdown and confirming the short-term downtrend. If it breaks below 89400, it will further test the integer level of 89000; short-term resistance is at 89800-90000, with 90200-90300 being a strong resistance zone. The rapid decline in the closing phase, accompanied by increased volume, has heightened market panic, undermining short-term bullish confidence and weakening rebound momentum.
Operational Suggestions:
A light short position can be established if there is a rebound to the 89800-90000 range, with a stop loss placed above 90300, targeting 89400-89000. If it breaks below 89000, the next target is 88200. If it rebounds and stabilizes at 90000 before breaking through the strong resistance zone, it can be expected to rise to 90600-91000-91500.
