December 21, $BTC Midday Market Analysis

From the four-hour chart, although the Bitcoin price has been repeatedly suppressed by the middle band, the middle band of the Bollinger Bands is showing signs of an upward turn, which may indicate potential market movements. At the same time, the convergence of the three lines in the KDJ indicator and the gradually shortening green momentum bars in the MACD indicator show that the upward momentum in the market is weakening. Currently, the $100,000 level acts as a strong resistance, significantly pressuring Bitcoin's further rise. Only by breaking through this resistance can a market rebound be confirmed. Therefore, in trading, it is essential to closely monitor changes in these key technical indicators to make informed decisions.

Trading Suggestions:

- $BTC : Consider shorting in the range of 98,800-99,500, targeting the 98,000-97,000 range. #BTC