Day Analysis on the 12.3

The Bitcoin rebounded strongly after a pullback last night, returning above 90,000 and testing key resistance. Currently, it is experiencing short-term fluctuations near the middle track of the daily line, with intensified long and short battles and unclear direction. Additionally, short-term volatility is increasing. It is recommended to observe more and act less, waiting for support to hold or resistance to stabilize before deciding to enter a position.
From the daily chart, the previous long lower shadow combined with a bullish engulfing pattern demonstrates low-level support. However, after reaching 92300, there was a pullback forming a false breakout, and the resistance above remains strong. The monthly chart has been consolidating around 91500 for three consecutive months, and the mid-term oscillation pattern has not changed. From a technical perspective, the daily MACD has a golden cross with an expanding red bar, but the DIF is still below the zero axis. The hourly MACD is flattening at a high level; the daily chart is stabilizing above the EMA7 but is under pressure from the EMA30, while the hourly chart shows a bullish arrangement of moving averages indicating short-term strength.
Overall, the sustainability of the rebound is questionable. If the bulls are weak and fail to stabilize at key resistance levels, it is highly likely that gains will be given back and prices will decline. Risk control should be prepared in advance, and one should not blindly chase higher prices.
Operation suggestion: Short around 93000-93600, with a target looking down at around 91500-90000.
The concubine suggests a rebound to around 3050-3080 for布箜, with a lower target of 2980-2910.
#十二月行情展望