12.4 Wednesday Morning Bitcoin Market Analysis！

From the perspective of the market, it has been under pressure and moving down from around 98200, with the rebound high points decreasing and the pullback low points being even lower. Isn't this a standard downtrend channel?

The daily K-level Bollinger Bands are closing, with the upper band continuously moving lower. There is a high probability of revisiting 90800, and then we might see a double bottom test, with the price pulling back to 100000. This is my personal expectation, focusing on short positions in the morning.

In the morning, the focus was on short positions at 96000 and 97000 during the rebound. The long positions held at 95000 and 94000 are being reduced in batches at these two levels, and after reducing, we will change to breakeven stop loss. For shorts at 96000 and 97000, the targets are down to 95000, 94000, and 93000, with a breakdown target at 91800. #Layer1公链普涨 #RWA板块普涨 #下一个换谁涨？ $BTC $ETH