December 11 Intraday Analysis

Recently, the market has been oscillating. Bitcoin surged to around 94,000 in the early hours and then pulled back, now trading within a narrow range around 92,000. The decline of over 2,000 points has not continued effectively, and bullish sentiment remains dominant.
From a technical perspective, the 4-hour chart shows that the market is in a corrective stage after an ascent. The bearish momentum is weak, and the pattern of more bullish candles than bearish ones remains unchanged. This pullback is a normal technical adjustment and not a trend reversal. In terms of trading strategy, consider going long near the support levels.
Trading suggestion: Enter long around 89,400-89,600, aiming for 91,500-92,500. If broken, continue to look for above 93,000.

Currently, the "Auntie Tai" suggests focusing around 3,225-3,195, with a target of 3,290-3,360.
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