12.14BTC Evening Forecast and Analysis

From the current candlestick chart, it can be seen that BTC price has been continuously retreating from the 90,300 level, with a rapid plunge in the evening, reaching a low of 89,419. It then rebounded slightly to around 89,636.4, showing a weak pattern of sharp rises followed by declines and accelerated downward movement. Throughout the day, the bulls attempted multiple times to break through the resistance zone of 90,200-90,300 but failed, instead forming a staged double-top pattern. Subsequently, the bears gained momentum, triggering a breakdown and decline, confirming a short-term downward trend. If it breaks below 89,400, the price may further test the 89,000 integer level; short-term resistance is at 89,800-90,000, with the strong resistance zone at 90,200-90,300. The quick decline at the end of the session accompanied by increased volume has heightened market panic, dampening short-term bullish confidence, with rebound momentum being relatively weak.

Operational Suggestions:
A slight position can be taken on short positions if the price rebounds to the 89,800-90,200 range, with a stop-loss above 90,300. The target is set at 89,400-89,000; if it breaks below 89,000, further downside to 88,200 is possible. If the price rebounds to 90,000 and stabilizes, and then breaks through the strong resistance zone, it can aim for 90,600-91,000-91,500.