#BTC

12.1 Morning Analysis

After BTC reached its peak in the previous phase, it entered a period of consolidation. Today, a large bearish candlestick directly pierced through the consolidation platform, showcasing a "cliff-like" decline — a typical short-term trend breakdown, with concentrated bearish pressure being released.

The current price of 87266 is trapped in a weak sideways movement after the decline, with no effective bullish candlestick appearing on the 1-hour K-line. The buying strength is clearly insufficient, and in the short term, we still need to be vigilant about whether the lower support level can hold. The trend leans towards a continuation of the bearish sentiment.
Recommendation for BTC: Short in the range of 88500 to 87500, targets: 86500, 85500, 84500
Ethereum suggestion: Short in the range of 2910 to 2860, targets: 2820, 2770, 2720