Crypto Circle Red Sister 12.16: Bitcoin Daily Chart Facing Dead Cross Test! Suggest Short Positions Take Profit and Reduce Holdings! Today’s Bitcoin (BTC) Latest Market Analysis and Trading Recommendations!#美联储降息预测 #BTC行情分析 #比特币跌破关键价位 $BTC $ETH

Bitcoin current price around 85800. Yesterday, Red Sister’s article again positioned for a high short above 89600 on the big pancake, with the candlestick just at the 4H midline acting as resistance and trending downward. The short position has been reaffirmed, and followers who kept up have already gained nearly 4000 points. Yesterday, Red Sister mentioned that if the daily line closes bearish, the midline will definitely become a resistance for the day, and the market has indeed reached the lower band as expected. Red Sister recommends reducing and taking profit on high short positions and holding, while observing whether the 1-day DIF and DEA can form a dead cross with increased volume. From the KDJ and RSI patterns, there is still room downward. The market is in a bearish rhythm, and a short-term rebound may not come so quickly. Since the 1-day lower band cannot hold, the next key level to watch is near the December 1st low of 83900. From the 2-day chart, there are no issues; KDJ is approaching 35 downward, RSI’s three lines are near 30, not yet oversold, indicating room lower. Still, Red Sister mainly recommends shorting from a high position, focusing on the short-term 1H midline and EMA30 overlap resistance for short setups. Although the current short trend is obvious, Red Sister advises against chasing shorts at low levels!

Sell point: ≥88700 light short with stop-loss above 89600; take profit at 87100-85600-84200. If it breaks below 84000-83800 zone, can continue to hold.

Buy point: ≤84200 try long, stop-loss at 83200; take profit 1000-2000 points. Positioning against the trend for long positions should not be too heavy. Do not greedily chase profits; take timely profits when the market turns favorable.

Article review and push notifications may be delayed. The above levels are for reference only. Please grasp your trading timing independently, ensure proper risk control when entering the market, and avoid heavy positions! Thank you for reading!