#美SEC促进加密资产创新监管框架 December 6 BTC Price Action Review

Bitcoin had a rough ride yesterday. Starting from the 91,800 level, the price kept edging downwards, and by last night at 91,400 there was a sudden big drop—a real waterfall—that directly broke through the key 88,000 level. Now the price is hovering around 89,000, so the short strategy paid off, and today I’ll keep looking for high-position shorting opportunities.

Let’s check the technical signals. On the daily chart, the MACD has been in a death cross for several days now, and the green histogram bar is even bigger than the day before, indicating that selling pressure is still building up. The RSI has fallen below 40; it’s not oversold yet, but the bearish momentum is clear. All these indicators are bearish, and in this kind of resonance, there’s not much room for a rebound.

How to operate?
$BTC Watch the 89,900 to 90,400 range. If there’s a pullback, consider going short, with an initial target of 89,000; if that breaks, look for 88,400.
$ETH Similarly, if there’s a rebound near 3,060-3,080, you can set up a short position, with targets around 2,980 to 2,920.

Pay attention to risk management—don’t hold onto losing positions.