Morning Analysis for December 9

BTC continues to consolidate around the 90,000 level, with short-term movement remaining volatile and no clear directional trend.

On the 1-hour chart, after a previous sharp rise, the price quickly retraced and is now fluctuating around 90,000, forming a pattern of rising and falling followed by bottom consolidation, indicating intense bullish and bearish competition. On the 4-hour chart, there are clear signs of resistance and pullback. After a corrective move upward touched the upper channel line, the price immediately reversed, showing weak bullish momentum and failing to break the previous high, resulting in a lack of pattern integrity.

Trading Suggestion:

Short within the 90,800-91,300 range, with a target of 88,800-89,300.