Good morning. The cryptocurrency market has experienced a significant decline this morning, and here is the early-morning information for Bitcoin on December 15.

📉 Early Morning Core Data Overview

· Current Price: Approximately $87,967.8, down about 2.48% in the last 24 hours.

· 24-hour Performance: At one point during the day, it fell nearly 4%, leading the mainstream cryptocurrencies.

· Key Data: Approximately $270 million in liquidations across the network in the past 24 hours, with more than 115,700 people liquidated, most of whom were long positions.

💡 Market Outlook and Influencing Factors

This decline is mainly influenced by the following factors:

· Macroeconomic Pressure: Standard Chartered has significantly downgraded its price forecast for Bitcoin, believing that large purchases may have "come to an end."

· Market Sentiment and Technicals: Analysts point out that Bitcoin may face a directional breakout after a period of narrow consolidation, but there is a risk of further decline to $50,000. At the same time, there are views that the market is searching for direction, with liquidity being thin.

· Volatility Warning: The market's implied volatility is at a low level, usually indicating that significant price movements may be imminent.

📊 Technical Analysis and Trading Tips

· Key Levels: The current price has fallen below the short-term support of $88,000. If it continues to weaken, attention should be paid to key support levels such as $85,692 (recent low).

· Trading Strategy: During periods of increased market volatility and unclear direction, it is advisable to control positions and avoid high-leverage operations.

Overall, the early market is weak due to macro expectations and short-term selling pressure. In the short term, attention should be paid to whether the price can stabilize at key support levels.

If you need more detailed technical analysis regarding specific support and resistance levels, I can further clarify for you. #加密市场反弹