$BTC 12.12 Lunchtime Pancake Strategy

After reaching a short-term high in the morning, the market faced pressure, resulting in two consecutive bearish candles. Although currently above the middle line of the Bollinger Bands, during the pullback, the bodies of the bearish candles are gradually enlarging, indicating the bulls are unable to support. The upward slope of the three lines of the Bollinger Bands has shown signs of slowing down, and the upward trend is weakening;

The price is deviating too far from the MA169 and MA144 moving averages, indicating a technical pullback demand, and the consecutive bearish candles along with the shrinking MACD red bars suggest that bullish momentum is continuously diminishing, testing the validity of the middle line support of the Bollinger Bands;

After the high, there are obvious signs of profit-taking, with increased selling pressure above 92500, while the buying pressure below is sporadic around 92000, with no large-scale bullish funds to support, leading to a short-term bearish dominance.

Trading Suggestion: Short near 93000-93500, target: 92000, 91500#美联储降息 #加密市场观察 #BTC走势分析