December 5 Market Analysis

The market continues to fluctuate. Where do we go from here?!

The recent low point of around 87,500 just swept away the previous upward trigger point of 87,700, so as long as liquidity continues to recover, the current market can keep oscillating and going long.

December 15:
Last week, liquidity did not recover as expected; instead, the market experienced continuous downward declines accelerating, and in the past six hours, it only fluctuated by 500 points. Therefore, I maintain the view of a sideways market.
Watch for a retest of Bitcoin or focus on altcoin ratios, which are holding up well and showing good resilience. However, the market is moving too slowly; wait for further updates.

Short position liquidation points:
89964, 90429, 90894, 92754-93219 (final short liquidation zone)

Long position liquidation points:
89034, 88549, 87639, 86709, 86244-85779 (final long liquidation zone)

Order flow data:
Super short-term support levels:
88200-87500
84200-83800

Super short-term resistance levels:
Around 92400
96800-97800
98400-98800

Main force data:
No activity on-chain.

Long/short ratio:
Long 0.495 : Short 0.505

Focus on intraday trading opportunities where Bitcoin retests and altcoin ratios continue to strengthen and break through. In the past six hours, the market has only moved 500 points, moving too slowly. Wait for further updates.
(The above only reflects personal opinions and does not constitute any investment advice.)#加密市场反弹