#数字资产市场洞察 December 18 $BTC Morning Technical Analysis

Yesterday's market first declined then rose, with Bitcoin's lowest point reaching the 85,200 level. During the midnight session, a short position was opened around 87,000, ultimately capturing a profit of 1,189 points.
From a technical perspective, the four-hour K-line is still in the repair stage. The overall pattern favors bears, with the Bollinger Bands expanding downward and the MACD just forming a death cross, indicating continuous bearish momentum. The hourly chart is even more evident—MACD death cross and top divergence signals are prominent, with bears fully dominating the rhythm.
What’s the next step?
When BTC rebounds to the 86,500-87,000 range, consider establishing short positions. The key support below is around 85,000. If this level cannot hold, lower levels are waiting.
Closely monitor the performance at these price points and avoid chasing highs.