#数字货币市场洞察 December 5 BTC Intraday Analysis

Yesterday, the price surged to around 94,200 before starting to soften, dropping as low as 90,800 (right at the support on the bottom edge of the descending triangle). Looking at the volume and price action, there was no significant increase in volume during this pullback, indicating it wasn’t a breakdown move but more of an internal consolidation within the pattern—the bears’ offensive for this round is basically done.

Looking at a few key levels:

93,000 is quite a subtle level. It was the resistance during yesterday’s rebound and is also the bull-bear dividing line within the current triangle pattern. If the price can reclaim this level, it’s a strong indication that a short-term rebound is underway and momentum will become more positive.

To the upside, 96,000 is the core resistance zone at the upper edge of the triangle, also corresponding to the previous consolidation high. If this level is broken, it would invalidate the entire descending triangle framework and open up more upside potential.

To the downside, 90,800 was yesterday’s low and coincides with the triangle’s bottom support. If the price retests this area and holds, it’s actually a pretty decent low-risk entry.

In terms of strategy, if the price rebounds and holds above 93,000, consider going long, targeting 96,000 intraday. If it pulls back to around 90,800 and shows support, a light long position can also be considered, with a stop-loss set below 90,000 (the breakdown level of the triangle support).

$SOL $XRP