12.6 Weekend Morning Market Overview: $BTC BTC short position profit of 1200 points #美SEC推动加密创新监管

BTC opened with upper and lower shadow candlesticks and a bearish entity

Yesterday, we went short at the resonance trend line 9.2, profiting 1200 points and exiting, with a minimum spike down to 8.79; understanding that true wealth belongs to oneself

4H BTC has 4 big bearish candlesticks, the third bearish candlestick closed as a hammer with signs of an upward trend, followed by the fourth bearish candlestick where bulls attempted to pull back but with no volume. Breaking through the resistance at 89447 could consider a long position for a rebound

There is an ascending triangle on the 1H, retracing to the trend line for a long position to catch the rebound is also feasible, but patiently waiting for a breakout to stabilize at 89447 is more prudent; simultaneously, the MACD shows a golden cross indicating an upward structure; once the right side breaks the resistance and stabilizes, go long, with a stop at the previous low of 87976, targeting 90918 and 91722

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