12.16 Morning Review: The rebound is just a trap
Currently, Bitcoin's four-hour chart has broken below the lower Bollinger Band, with the channel continuing to expand, indicating a strong bearish momentum. On the daily chart, it remains deep within a downtrend, and although the MACD indicator's green histogram is shrinking, the bearish dominance has not been shaken, and a clear sign of a trend reversal has yet to appear. Continue to operate with high shorts.
Bitcoin suggestion: Short in the 86,800-87,500 range, target down to 85,000, long-term target 83,500.
Second Bitcoin suggestion: Short in
Currently, Bitcoin's four-hour chart has broken below the lower Bollinger Band, with the channel continuing to expand, indicating a strong bearish momentum. On the daily chart, it remains deep within a downtrend, and although the MACD indicator's green histogram is shrinking, the bearish dominance has not been shaken, and a clear sign of a trend reversal has yet to appear. Continue to operate with high shorts.
Bitcoin suggestion: Short in the 86,800-87,500 range, target down to 85,000, long-term target 83,500.
Second Bitcoin suggestion: Short in
BTC1.31%































