#美联储重启降息步伐 On the evening of December 4, 2025, I checked the BTC order flow data.

From around 83,800 all the way up to the high of 93,932.7, the CVD below kept rising, with aggressive buying pressure. Only at the high did a few K-lines show negative Delta, indicating that there wasn’t much profit-taking or aggressive shorting, so the price is holding up. In the short term, either the price will continue to consolidate at the high, or there will be another direct surge.

Key levels to note: POC around 91,000 serves as a support reference, and the main force’s cost price for this round of rally from 86,000 is roughly at 89,250. Looking upward, watch out for the 94,700–95,200 range, as a lot of longs were trapped here during the sell-off on November 11, and the main force also heavily shorted in this area. If the price returns here, the pressure will be significant, and this will be the focus of the long-short battle. Further up, the previous POC price is around 96,000.

Swing trading approach: Watch for shorting opportunities at the 94,700–95,200 resistance zone where longs are trapped; watch for long opportunities around the 91,000 POC support and the 89,250 rally cost price.

The above is my personal opinion, for reference only.