#比特币对比代币化黄金 Evening Observation on December 7

From the hourly chart perspective, $BTC this move is starting to look unsustainable. After the price surged to 90257, it quickly reversed, followed by several big bearish candles—a classic spike and pullback pattern, with bearish forces clearly dominating.

On the technical side, the price has already broken below the middle Bollinger Band at 89473 and is now hovering near the lower band around 89049. Sliding all the way from the upper to the lower band, with the channel flattening out, this kind of structure usually signals that the consolidation range is about to break, and the probability of further downside is increasing.

Looking at indicators:
The J line of the KDJ has dropped sharply into the oversold zone, and the K line has crossed below the D line, forming a death cross. This suggests that while there are short-term oversold signals, the bearish trend is not over yet. The MACD histogram is still positive but narrowing rapidly, showing that bullish momentum is quickly fading and is about to turn negative.

In the next 1 to 4 hours, Bitcoin is likely to continue a corrective consolidation:
- If it breaks below the lower band support at 89049, the next target will be around the previous low at 88870
- If it manages to hold the lower band, there might be a technical rebound, but it's likely to be weak, with the middle band at 89473 providing clear resistance above

In terms of trading strategy, personally, I prefer to consider light short positions if there’s a rebound to the 89831-90635 range, targeting the 88233-87132 levels. However, this is just a technical reference; actual trades should be adjusted based on real-time market conditions.