$BTC 12.13 Afternoon Market Analysis
Mainly oscillating and retreating, prioritize short positions
1. Logical Support: Triple Resonance Suppression
- Main Funds: Yesterday, 93,000 reversed to short to 90,000 for arbitrage; today, trading volume shrinks, weekend liquidity is poor, making a strong rebound unlikely.
- Technical Aspect: 93,000-93,500 is a strong resistance; 4-hour moving averages are in a bearish alignment; volume and price diverge; upper Bollinger Band on the 4-hour chart shows clear resistance.
- Fundamental Aspect: US Dollar Index pulls back but risk appetite cools down; instit