#美联储重启降息步伐 BTC's weekend movement is quite flat, with bearish signals being pretty obvious.
From a technical perspective, every time the price rebounds, it encounters selling pressure from previously trapped funds, and the candlesticks are forming a series of small bearish candles, showing hardly any upward momentum. There's also no positive news to provide a boost, and the bulls are clearly lacking confidence right now. The capital side is even more troublesome—large funds keep flowing out, and the market's buying power is too weak. Under these circumstances, the probability of continued weakness over the weekend is high.
As for strategy, consider setting up short positions in the 89,800 to 90,500 range, with an initial target of 88,500. If you want to be more aggressive, you can aim for around 87,000. $BTC $SOL
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CounterIndicator
· 12-06 09:10
Bearish again and again. Have your predictions ever been accurate? Haha
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CryptoMotivator
· 12-06 09:10
Oh no, it's another series of small red candles. It's really tough to watch...
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DiamondHands
· 12-06 09:09
I’ve looked at the 88500 level, and I don’t think it can be broken... There are too many trapped positions. It would take a really hard sell-off to push it down. Anyway, I don’t have the guts to chase shorts.
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zkProofInThePudding
· 12-06 09:06
Ha, it's the same old story of trapped positions and selling pressure again. When will they finally switch things up...
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TokenCreatorOP
· 12-06 09:05
It's the same old story again... I'm tired of hearing about trapped holders and selling pressure. The problem is, who would dare to buy when it drops to 87000?
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AirdropHarvester
· 12-06 09:04
The selling pressure is so intense, the bulls are really having a hard time.
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LiquidationWatcher
· 12-06 08:54
Oh man, it's another series of small bearish candles lining up. This pattern is just uncomfortable to watch. We have to start setting up some short positions too.
#美联储重启降息步伐 BTC's weekend movement is quite flat, with bearish signals being pretty obvious.
From a technical perspective, every time the price rebounds, it encounters selling pressure from previously trapped funds, and the candlesticks are forming a series of small bearish candles, showing hardly any upward momentum. There's also no positive news to provide a boost, and the bulls are clearly lacking confidence right now. The capital side is even more troublesome—large funds keep flowing out, and the market's buying power is too weak. Under these circumstances, the probability of continued weakness over the weekend is high.
As for strategy, consider setting up short positions in the 89,800 to 90,500 range, with an initial target of 88,500. If you want to be more aggressive, you can aim for around 87,000. $BTC $SOL