12-8 Zhang Heng Monday Afternoon Market Analysis

Today's market continues the recent V-shaped reversal trend, with market makers repeatedly shaking out positions and causing most investors to be trapped in losses. The coin price has attempted to break upward several times but has consistently failed to surpass previous highs, with a clear obstruction in the upward channel. Bullish momentum continues to weaken, limiting the space for short-term rebounds. Overall, adopt a bearish-dominated strategy with supplementary low-level longs as needed.

BTC: Short at any point above 91800, with the first target in the 88800-88000 range.