December 15 Daily Analysis

Bitcoin's 4-hour structure shows weakness, with four consecutive bearish candles breaking below the key support at 89,000. Although it briefly stabilizes near the lower band at 87,960, the rebound is weak, and the price remains under the pressure of moving averages throughout, confirming a steady bearish trend! The hourly correction momentum is insufficient; MACD bearish momentum is shrinking but there is no strong rebound. The low-level oscillation is purely a continuation of the decline. Consider high-altitude short positions within the day, precisely targeting downward profits~
Trading suggestions: Short around 89,800-90,500, with a target of 88,500, and near 88,000.
Stance suggestion: Short around 3,130-3,160, with a target down to 3,050 and the 3,000 key level.
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