#加密生态动态追踪 Bitcoin's December 17th trend, from a technical perspective, is quite clear—bears are in control.

The price has consecutively broken through several key levels, first falling below the 88200 Bollinger middle band support, then dropping all the way to 85000. Although it rebounded to around 87600 afterward, you can see that the pressure remains strong, with the price consistently stuck below the Bollinger middle band and moving averages. The Bollinger bands are opening downward overall, indicating a stable bearish pattern.

On the 4-hour chart, the selling pressure continues to be released steadily, and the rebound strength is clearly insufficient. The price has made some upward moves, but cannot push higher, showing a typical weak rebound pattern, making it difficult to reverse the overall downward trend.

From a trading perspective: today’s main strategy is to short on rallies. You can consider short positions in the 88000-88800 range during rebounds, and add to your positions near 89300. The target is around 86000; if this level breaks, then look further down to 85300.