#比特币对比代币化黄金 December 6 BTC Morning Review

Bitcoin's price action was pretty rough yesterday. It kept dropping from 91,800, paused briefly around 91,400 in the evening, then plunged directly—88,000, that key level, broke just like that. Now the price is hovering around 89,000, and that short position yesterday was quite profitable. Today, I’m still bearish.

How does the chart look? On the daily chart, the MACD death cross is still there, and the green bar is even thicker than yesterday, showing the bears haven't run out of steam yet. RSI has dropped below 40, but it’s not oversold yet, which means the downtrend isn’t stopping any time soon. All the indicators are lining up for the bears.

For a more conservative approach, you can look to short BTC in the 89,900–90,400 range, with an initial target of 89,000. If that breaks, look for 88,400 next. For Ethereum, you can also try shorting around 3,060–3,080, targeting the 2,980 to 2,920 area. $BTC $ETH