December 5 BTC Trading Strategy
From the current 4-hour level, BTC shows a horizontally extended middle track, which is a standard oscillation structure, and overall it is still in a range oscillation within an ascending box.
A strong upward trend requires a breakout from this ascending box, with current resistance above the box in the 99600 area. For short-term swings, the strategy should be to sell high and buy low.
Intraday trading suggestion:
Short positions can be entered around 99000, with targets at 97500 and 97000.
