$BTC 12.15 Afternoon Pancake Strategy
The daily downtrend has not been reversed, the 4-hour chart rebounded from the low of 87504 to 89533, with weak rebound strength and failing to break through the upper moving averages and key resistance, overall still in a weak correction during the downtrend;
MA144 and MA169 moving averages form upper pressure, MACD indicator continues to release bearish momentum, during the rebound the red bars have not effectively expanded, and bulls lack upward momentum;
Significant selling pressure near 89500, during the rebound there is no large-scale bullish capital entering the market, only sporadic support from short-term bottom-fishing funds, which cannot change the main downtrend.
Operational suggestion: Short near 90000-90500, target: 89000, 88500
