12.19 Bitcoin Market Analysis

The weak pattern of Bitcoin remains unchanged, and a technical rebound may occur within the day.
On the daily chart, Bitcoin has consecutively closed with two long upper shadow bearish candles, indicating a clear resistance trend. The price is operating near the lower Bollinger Band, highlighting its weak characteristics.

In terms of indicators, the KDJ lines are in the oversold zone with a slowing downward divergence, signaling a short-term oversold condition; the MACD lines remain in a death cross downward, with the green histogram unchanged. Trading volume has slightly increased, but there are no signs of strong bullish reversal yet.

From a structural perspective, the market is still in a weak downward channel, but there has been no strong breakdown or sharp decline. Panic selling pressure has eased, so excessive bearishness is unwarranted.

Overall market judgment suggests a high probability of a technical correction rebound within the day. Attention should be paid to the follow-through of rebound volume and the breakout of resistance levels above.

Trading suggestion: Around 84,800-84,300, with an upward target of 85,800-87,000. #成长值抽奖赢金条和精美周边 #市场触底了吗？