Focus on the key level of 93000 for short-term BTC, be cautious with the rebound under mid-term pressure.

The expectation of the Federal Reserve lowering interest rates is rising, but the balance sheet reduction has not stopped. The liquidity easing is limited, coupled with the high-level correction of US stocks suppressing the risk asset sentiment. $BTC is difficult to change the mid-term pressure pattern, and the daily bearish trend is still continuing.

The short-term market is engaged in a support battle around the 90000 level, and whether the rebound can continue depends on the effectiveness of the 93000 breakthrough: if it stabilizes at this level in the 1-2 hour timeframe, the 4-hour cycle is expected to open up upward space, and the subsequent rebound target can be focused on the 100000 level; on the contrary, if the breakthrough fails, it is highly likely to return to range oscillation.

Be cautious of the risk of a weak Rebound under the mid-term bearish pressure in operations.
#十二月降息预测