#美SEC促进加密资产创新监管框架 December 5th, Friday night session, let’s talk about Bitcoin’s technicals.

Looking at the 4-hour chart, this round of pullback is almost over. The price tested the 90,800 level twice and didn’t break below, which shows there’s strong buying at this level. On the technical side, the monthly EMA is holding up well, and the KDJ indicator has been in the oversold zone for a while now—there are signs of a potential reversal, and the bulls might not be able to hold back much longer.

My personal view—remember to manage your risk—is that you could consider looking for long opportunities in the 90,000 to 90,800 range. In the short term, see if it can reach 92,100, and for a more aggressive target, look around 94,200.

For discussion only, not investment advice.