12.5 BTC Market Analysis:

In the early hours, BTC showed a downward trend under pressure, breaking below the 91,000 level before rebounding quickly, but the selling pressure above was not effectively released. Subsequent attempts to break through the 94,000 resistance were repeatedly rejected, leading to a staged pullback, with the daily chart closing as a bearish candle.

Key aspects: The core support range for the day is focused on 90,000-90,600, with strong resistance still at the 94,000 level. Technically, the daily chart shows increasing volume but has not broken through the zero axis resistance. On the 4-hour timeframe, volume continues to contract, indicating BTC is currently in a consolidation and accumulation phase, and a unidirectional short-term trend has yet to emerge.

Strategy: It is recommended to employ a “sell high, buy low” approach around the above key ranges, strictly controlling position size and stop-loss to guard against the risk of a trending move after a breakout.

BTC: Short near 92,800-93,600, target 91,300-90,600. If it breaks below, continue to look lower; otherwise, go long. #BTC