$BTC After breaking through 92,000 at 5 am, it went straight to around 93,500 and then retreated. Currently quoted near 92,000. Chart 1 shows the BTC hourly chart. As long as the price stays above 91,500, there is still a chance for a new high. If it falls below 91,500, it enters a true vacuum zone (see Chart 2) between 91,600 and 90,300. During the decline, pay attention to the volume changes. If there is a volume-backed decline, consider directly shorting. Target this vacuum zone.
91,500 is the intraday support/resistance point.
As long as it does not fall below 91,500, the intraday trend remains bullish.
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12.12 Friday BTC:
$BTC After breaking through 92,000 at 5 am, it went straight to around 93,500 and then retreated. Currently quoted near 92,000. Chart 1 shows the BTC hourly chart. As long as the price stays above 91,500, there is still a chance for a new high. If it falls below 91,500, it enters a true vacuum zone (see Chart 2) between 91,600 and 90,300. During the decline, pay attention to the volume changes. If there is a volume-backed decline, consider directly shorting. Target this vacuum zone.
91,500 is the intraday support/resistance point.
As long as it does not fall below 91,500, the intraday trend remains bullish.