Red Sister in the Crypto Circle 12.19 (Writing time 6:09) Today's Bitcoin (BTC) market analysis and trading suggestions:

The current price of Bitcoin is around 85600. In the evening, the market continues to be hindered by the downward pressure of the 1-hour MA240 and MA280 crossover, falling below 84500. As expected by Red Sister, it has once again broken the low support level. Currently, the price has warmed up somewhat, with the KDJ and RSI in the 1H chart showing signs of an oversold rebound. However, there is still strong pressure above in the short term, especially as the 4H upper band has also faced resistance twice recently, indicating that the main force is still brewing further downward space. The red bars in the MACD are expanding again, and the DIF and DEA have formed a death cross for the second time, indicating that the bearish trend is not over. Red Sister suggests maintaining a high short position. Today's upper line focuses on the 4H middle band and MA7 as the first crossover resistance level, while the upper band can still serve as a defensive replenishment point. In the short term, continue to look at the support strength below 84000 to choose to hold short positions or layout long positions. If the low point of 1 continues to explore this week, it may approach the lower band of the 2-day chart around 81800.

Sell Point: ≥86700 light short, defend at 88600, stop loss at 89700; take profit at 85500-84200. If it breaks below 84000-83800, it can continue to hold until below 82000.

Buy Point: ≤84100 try long, stop loss at 83500; take profit at 85000-86700. If it breaks above 86800-87000, it can continue to hold.

The article review and push have delays, and the above points are for reference only. Please grasp the timing of buying and selling yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!

Thus, our journey in the crypto circle begins to move towards a broader new starting point, and it is by no means an endpoint, as the road is still long and must be taken step by step! The ocean of the crypto circle is vast and boundless, full of opportunities and challenges. I hope you will always maintain a thirst for knowledge and a spirit of exploration for the unknown in the days to come.

Remember, the crypto circle is not just about numbers and charts; it is also an art about humanity, decision-making, and the future. In investing, maintain rationality and calmness, do not be swayed by short-term fluctuations, and view the market with a long-term perspective. Keep learning and enhance your professional skills. Knowledge in the financial field is constantly updating; only through continuous learning can you keep pace with the times and seize every opportunity. Be brave to try and innovate. Do not fear failure, as every failure is an opportunity for growth. In the world of the crypto circle, the brave often carve out their own territory. Finally, may you all shine on the stage of the crypto circle, realizing your value and dreams. Wherever and whenever, Red Sister cheers for you and looks forward to your wonderful performance. Red Sister wishes everyone smooth sailing on the road of the crypto circle, returning with a full load!

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