12/23 Analysis of mainstream currency ideas
From the current technical indicators, the situation is still not optimistic. The four-hour structure chart shows typical short-selling characteristics. The MACD indicator continues to increase in short-selling volume, just like the downward alarm bell sounded by the market, indicating that the seller's power is pouring in continuously, suppressing the price increase. The KDJ indicator opens downward, and the three lines diverge, which provides strong evidence for the current downward trend, and strongly indicates that the market correction trend will continue in the short term. Switching to the daily level, the situation is the same. There is no sign of easing in the short-selling situation, which reflects that in a larger time frame, the weak pattern of the market is deeply rooted and the bears are firmly in control of the situation.
We continue to be bearish and give intraday operation suggestions:
BTC: 95000 - 96000 range short
Target: 92000
Personal suggestions are for reference only
