Market Analysis and Trading Strategies for December 13th

Yesterday, the overall market showed a weak consolidation pattern. During the daytime, prices remained sideways with a tug-of-war trend and gradually climbed. In the evening, there was a sharp dip, with Bitcoin falling back to around 89,400. It then stabilized and rebounded, currently regaining the 90,000 level.

From the chart structure, the four-hour candlestick shows a long lower shadow, indicating strong support below. It also forms a symmetrical pattern with the previous low shadow, suggesting that bearish momentum has significantly weakened and support validity has been further confirmed. On the hourly chart, after a brief decline to the previous support level, prices quickly rebounded. The trend oscillated with alternating bullish and bearish candles, gradually forming a stable bottom pattern. The bullish momentum is expected to be gradually released.

Trading Suggestions
It is recommended to rely on the support zone for a pullback to enter long positions. Consider building positions in Bitcoin gradually around the 89,300-90,000 range, with targets near 91,000-92,300.