In December's market, just from the perspective of the shape, the monthly line continuously tested the upper band of the Bollinger Bands without breaking through. After a false breakout, a doji star was formed, followed by a confirmation with a large bearish candle. The MACD has a death cross at a high level, pointing down!

From these points alone, the market has already entered a bearish trend, and there is a demand for new lows this month, with a confirmed bearish structure on the weekly chart!

A continuous decline followed by a long upper shadow small positive candle indicates that the market will either form a bottom consolidation zone before falling again or drop directly; a reversal is a very low probability event! #十二月行情展望 $BTC