December 17th pancake outlook, personal views for reference only

Yesterday morning, the market surged past the key resistance level of 88000 and then quickly fell back, forming a W-shaped oscillation washout trend. The battle between bulls and bears has entered a heated stage, with the current price oscillating around the 87500 line for correction.

Our layout yesterday was to ambush around the 88000 area, and it has now been completed.

The price continues to be under pressure at the middle track of the Bollinger Bands, and the upward channel has completely broken down.

The three tracks of the Bollinger Bands are diverging downwards simultaneously, establishing a bearish pattern.

MACD maintains a dead cross shape below the zero axis, with green bars continuing to expand, and bearish momentum is accelerating.

In the short term, any rebound is merely a trap to lure bulls; the trend of bearishness dominates the market rhythm.

In a bearish pattern, do not blindly catch the bottom; be sure to strictly adhere to trading risk control discipline and execute defensive strategies. #美国非农数据超预期 $BTC $ETH