12.1 Morning BTC Analysis: BTC surged to the 92000 level early this morning, encountering strong resistance and falling back, with a low of 86900. The technical indicators show that the bullish volume at the daily level has been gently released, but the 92000-93000 range, combined with previous trapped positions and profit-taking pressure, presents significant resistance. The closing of the bearish candlestick indicates that the upward momentum has clearly weakened. The 4-hour chart shows a typical weak pattern, with bearish forces continuing to rise. After the price broke through key support, the descending channel pattern became increasingly clear, and the MACD death cross signal further strengthened the bearish momentum. The current market lacks new positive support, and a rebound driven solely by emotional inertia is difficult to sustain. After the 92000 level comes under pressure, the short-term risk of a pullback intensifies. In terms of operations, prioritize positioning for short positions, entering the market at rebound points to seize opportunities for a downward trend. Suggestion: Set up short positions in the rebound range of 88000-89000, targeting a drop to 86800-85800; if it effectively breaks down, you can look towards the key support level of 85000. #今日你看涨还是看跌？ #加密市场回暖 $BTC $ETH $XRP