12.13BTC Afternoon Forecast and Analysis

On Saturday, BTC mainly traded within a range, with the core fluctuation zone locked between 90000-90450. Traders should rely on the boundary levels for high sell and low buy strategies. If the price breaks through the range, adjust trading strategies accordingly. The absolute intraday low is 89843, which has seen multiple rebounds after testing, serving as a key reference point for bottom fishing within the wave. If this level is lost, the next support is at the 90000 round number. The intraday rebound high is 90617.7, with bulls attempting multiple surges that failed to break through effectively.

Wave Trading Rhythm:
Bottom Buying Opportunity: When the price falls back to the 90100-89850 range and shows signs of stopping decline and rebounding (such as bullish engulfing or hammer candlesticks), consider light long positions with targets near 90450-90600.
Profit Taking Opportunity: When the price rises to the 90450-90600 range and shows signs of resistance and reversal (such as bearish engulfing or shooting star candlesticks), consider taking profits on longs or lightly shorting, with targets near 90100-89850.
Sideways Trading: If the price fluctuates narrowly around 90300 without a clear breakout direction, reduce trading frequency and wait for clear signals at the range boundaries.
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Risk Warning: On Saturday, market liquidity tends to be weaker compared to regular trading days, and sudden price spikes may occur. Wave trading requires strict position control to avoid heavy bets. Pay attention to macroeconomic news and capital movements that could impact range breakouts.