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#数字货币市场回升 12.1 Morning Observation
Bitcoin plummeted significantly this morning, currently stabilizing around the 86917 level, moving into a wide range consolidation. The bullish momentum on the daily chart has weakened and turned bearish, while the 4-hour bearish momentum shows signs of a rebound after a downward crossover. Strategically, it is more prudent to position short orders at high points.
BTC reference range: Short in the 88000-89000 area, targeting 85000.
At the beginning of the month and the week, market trends do not follow emotions. Entering the market in batches is a precise judgment of timing, and setting stop losses is a basic respect for capital. Don't chase after price increases or decreases and disrupt the rhythm, don't be greedy for quick gains and forget about risk control, and don't panic due to short-term fluctuations. $ETH