12.1 Morning Strategy Insights
Waking up from a sleep, a red needle! Observing the market, BTC faced resistance at 92000 last night, and this morning it showed a significant downward trend, currently retreating to around 87400 USD.
The early stage saw a concentrated exit of long positions, leading to increased selling pressure, with a net capital outflow of $312 million. The short-term correction trend continues, and market sentiment has shifted from "high-level oscillation" to "panic selling," overall in a phase of releasing correction momentum.
The Bollinger Bands on the hourly level are
View OriginalWaking up from a sleep, a red needle! Observing the market, BTC faced resistance at 92000 last night, and this morning it showed a significant downward trend, currently retreating to around 87400 USD.
The early stage saw a concentrated exit of long positions, leading to increased selling pressure, with a net capital outflow of $312 million. The short-term correction trend continues, and market sentiment has shifted from "high-level oscillation" to "panic selling," overall in a phase of releasing correction momentum.
The Bollinger Bands on the hourly level are
















