Silk Road on the evening of December 1

The price of Bitcoin has fluctuated significantly during the day, continuously declining from above 90,000 in the morning, briefly falling below 87,000 USD, and currently oscillating around 86,500.
From the current 4-hour structural perspective, the framework shows a clear two consecutive bearish trend, operating overall above the middle band of the Bollinger Bands. Reviewing last week's performance, the price failed to achieve an effective breakthrough after reaching the upper band resistance of the Bollinger Bands, subsequently falling under pressure. The short-term price focus continues to decline, exhibiting technical characteristics that suggest further testing of the middle band support. It is essential to pay close attention to the fact that if the critical support level of the middle band is effectively broken, the market is likely to initiate a new round of downward trending, with further downside potential opening up. The operational strategy suggests focusing on rebound layout adjustments.
Operation Suggestions
Bitcoin: around 86700-86900, target near 85000
Two cakes: around 2870-2890, target near 2780 #成长值抽奖赢iPhone17和周边