The position of BTC at 11.29 is a bit tangled, oscillating at a high near 90700, with both bulls and bears secretly vying for control at this level.

Last night, BTC fell from 93000 to 90100, realizing a 3000-point drop. I firmly held a bearish view yesterday, and the market confirmed it again.
The daily analysis shows that the price is running below the upper Bollinger Band at 93500, and is still in an overall bullish trend. Although there has been a pullback from the previous high of 93000, the daily structure has not deteriorated, indicating a healthy technical correction. The four-hour analysis indicates that the Bollinger Bands are beginning to tighten, with the price retracing to seek support around the mid-band at 90100. This position is critical; if it holds, the upward momentum can be maintained, but if it breaks, we will need to test 89000.
Operating Idea:
A pullback near 90100-90500 can be bought, targeting 91500-92000.
#十二月降息预测