12.7【BTC Market Analysis】

The current Binance USDT perpetual contract BTC price is 89559 USD, with a slight increase of 0.02% during the day. However, there has been a net outflow of over 1.04 billion CNY, with both bulls and bears locked in a tug-of-war in the 88000-94000 USD range, and market sentiment remains cautious.

From a technical perspective, the short-term cycle shows significant volatility characteristics: the 15-minute chart maintains a narrow consolidation between 88870-90257 USD, with no clear breakout signal yet; although the 1-hour chart has rebounded from a low of 88856 USD, the volume has not increased in tandem, raising doubts about the sustainability of the rebound; the 4-hour chart is clearer, having previously surged to 94185 USD before retreating, currently fluctuating near the key support level of 89000 USD, which has become a short-term battleground for bulls and bears.

In terms of trading strategy, it is recommended that investors adopt a range trading logic: as long as the 88000 USD support holds and the 94000 USD resistance is not broken, one can lightly buy low and sell high within the 89000-93000 USD range, strictly controlling position size; if the price stabilizes above the 94000 USD integer mark, one can follow up with long positions, targeting 100000 USD; if the 88000 USD support is effectively broken, timely position reduction is necessary to avoid risk, and attention can be paid to the strength of support in the 84000-85000 USD range.

Note: The Federal Reserve's interest rate meeting is set to be held on December 9-10, and there is uncertainty regarding market expectations for monetary policy. It is highly likely that high volatility will persist before the meeting. Investors are advised to reduce position sizes and wait for a breakout of the key range before increasing trading intensity to avoid blind heavy positions that could lead to expanded risk exposure.