As of the morning of December 12, $BTC is quoted near 92,414. From the hourly chart, the market is currently in a wide-range consolidation zone, with the candlestick touching the 93,000 resistance level. The short-term outlook remains unchanged — still optimistic about looking for shorting opportunities in the resistance area.
Recommended trading range: around 93,500-93,000 for short positions Expected target prices: 91,800, 90,500
It is worth noting that the US SEC is promoting an innovative regulatory framework for cryptocurrencies, which could support market sentiment. However, from a technical perspective, close attention should be paid to the performance of these two major resistance levels; a break above them will change the short-term outlook.
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BuyHighSellLow
· 12-12 03:10
Once the SEC framework is out, are shorts afraid? I'm still holding my position above 93,000.
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Pressure levels and target prices again; feels like I can predict every time where the market will hit.
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A friendly regulatory framework is a good thing, but the technical analysis speaks for itself. If 93,000 can't be broken, it will keep oscillating.
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Shorting opportunities? I got trapped this way last time. Looking at it now, it’s really frustrating.
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The SEC moving so quickly feels like good news is coming. Shorts should be cautious.
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The target of 91,800 is a bit aggressive. Can it really drop that much?
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The hourly chart has hit the pressure level again and again—same old tricks.
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SEC promoting regulation actually looks bullish. Why are you still looking for short opportunities?
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Repeated attempts at 93,000; sooner or later, it will break through. Shorts are hard to play.
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How was the target price set? Feels like a total guess.
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alpha_leaker
· 12-12 03:09
Breaking through this level of 93,000 is really tough, but SEC's moves do seem a bit suspicious, like they're protecting and supporting Bitcoin.
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RektButSmiling
· 12-12 03:04
Hi, the SEC is messing around again, but I still bearish on this wave; 93,000 is the ceiling.
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I think this rebound is a bit fake; the short opportunity is indeed there, just see if it can hold.
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The SEC framework being friendly is a good thing, but technical analysis still speaks; ultimately, it depends on whether it can break through the resistance level.
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That target of 91,800 feels too greedy... but trying won’t hurt anyway.
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Regulatory framework advancement? Nonsense, technical analysis is the real deal. I don't believe in this rebound.
View OriginalReply0
PerennialLeek
· 12-12 02:50
Will we have to wait until the 93,000 level is broken? Even if the SEC loosens its stance, it might not be enough to rescue the market.
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GateUser-beba108d
· 12-12 02:46
Will the 93,000 resistance level be broken again? I bet five dollars that once the SEC's framework is announced, retail investors will be squeezed again.
#美国证券交易委员会推进数字资产监管框架创新 Morning BTC Market Scan
As of the morning of December 12, $BTC is quoted near 92,414. From the hourly chart, the market is currently in a wide-range consolidation zone, with the candlestick touching the 93,000 resistance level. The short-term outlook remains unchanged — still optimistic about looking for shorting opportunities in the resistance area.
Recommended trading range: around 93,500-93,000 for short positions
Expected target prices: 91,800, 90,500
It is worth noting that the US SEC is promoting an innovative regulatory framework for cryptocurrencies, which could support market sentiment. However, from a technical perspective, close attention should be paid to the performance of these two major resistance levels; a break above them will change the short-term outlook.