The trend is slightly bullish, with 90,000 as the short-term strength/weakness dividing line. The 88,000-90,000 range is providing solid support, with production costs and institutional bottom-fishing forming a "soft bottom." Although the market is currently in a state of "extreme fear," selling pressure is nearing exhaustion, and the triangle consolidation pattern indicates a breakout is imminent.
Trading suggestion: Go long on BTC near 88,000-88,500. Target around 90,000. #十二月降息预测 #加密市场观察
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12/7 BTC Evening Trading Analysis
The trend is slightly bullish, with 90,000 as the short-term strength/weakness dividing line. The 88,000-90,000 range is providing solid support, with production costs and institutional bottom-fishing forming a "soft bottom." Although the market is currently in a state of "extreme fear," selling pressure is nearing exhaustion, and the triangle consolidation pattern indicates a breakout is imminent.
Trading suggestion: Go long on BTC near 88,000-88,500.
Target around 90,000.
#十二月降息预测 #加密市场观察