#美联储回购协议计划 BTC 12.15 Technical Analysis

Overall today, it's a consolidation pattern, with a rhythm of buying the dips and selling the rallies within the range. In terms of direction, the bear market trend has been confirmed, but there's a detail that is easily overlooked — the rebound after a death cross on the monthly chart is often very misleading.

Do you remember the market movement in 2022? The consecutive rebounds in January and February seemed like a turning point, but after the monthly death cross was confirmed, it continued to decline. History shows remarkable similarities.

The operational advice is simple: if you choose to go long, strictly adhere to stop-loss levels when breaking support — don't be soft. The saying "the longer the horizontal, the higher the vertical" is correct, but the premise is that you need to survive to see that moment.