#大户持仓变化 December 16th Afternoon BTC Market Observation: Bulls Quickly Taking Profits at High Levels

This wave of market movement is a classic "倒V" (inverted V) rebound, followed by a sharp rise and fall. The willingness of the bulls to hold positions clearly weakens at high levels. The key focus in the afternoon is on the spot buying strength on major exchanges and changes in futures positions—if shorts start to reduce their holdings or spot funds take the opportunity to buy the dip, it could trigger a small rebound; but if capital continues to flow out, the decline will be further amplified.

**Short-term Trading Strategy:**

Consider entering short positions at high levels within the 86400-86700 range, targeting support levels at 85600-85200, with a stop loss at 87000. The key levels are clear: if the price cannot break above 85000, it will continue to test the 85000 to 84000 range. Conversely, if there is a volume surge in the afternoon and the price rebounds to break above 86700 and stabilize, the short-term bearish trend could be reversed, and BTC may have the chance to retest 87000 or even higher.

$BTC Under observation.