December 11 Bitcoin Market Outlook



Currently, in the 4-hour timeframe, the medium-term upward pattern is solidly established, with previous pullbacks effectively supported within reasonable correction zones, and the core trend support levels remain intact. At this stage, sideways consolidation accompanied by a gentle increase in trading volume is a typical healthy rotation in an uptrend, laying the groundwork for subsequent market continuation.

Focusing on the 1-hour timeframe, volume and price show characteristics of increasing volume with downward movement and shrinking volume with rebounds. Short-term market sentiment is becoming cautious, and there may be slight pullbacks in the near term. However, this is not a sign of trend stagnation under pressure; rather, it’s a normal market process of active profit-taking and tidying of the trading structure. Early trading can continue to follow the main trend line, with reasonable defensive positions set and rhythm controlled for steady participation.

Bitcoin Trading Suggestion: During the pullback near 90000-89200, consider buying; targets are around 91400-93000. If broken, the upward momentum continues.
ETH0.99%
BTC-0.05%
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