PalBTC Market Analysis -12.11 Evening News After grabbing 895 with a small pin down, the price has been consolidating at the 9W position for the whole afternoon. It can be seen that the trading volume has been extremely sluggish throughout the day, and everyone is still waiting for the US stock market to see its color. At present, the long and short sides are engaged in offensive and defensive battles at the 9W position. For bulls: 1) There are spot purchases below 9W. 2) At present, there is a hanging wall below, waiting to consume Air Force bullets. 3) But the current problem is that multiple armies have not launched enough attacks, and the 905 has not been able to stand firm. Moreover, holding on for a long time will inevitably lead to losses. If we cannot maintain a steady upward trend of 905 with high volume, the probability of a decline will be even greater. For bears: 1) Today is an absolute bearish trend. Last night, after plundering, it was pushed straight down. 2) But it can be seen that the sales wall is a bit empty. Once there is good news or strong buying, it is easy to test 91 and 92. About Operation Multiple orders: Only by breaking through and stabilizing at 905 with a large volume can one consider trying multiple orders and rebounding, with a target of 92. For empty orders: There is no way to directly go empty here, either drop below 876 and return to near 9w. Either rebound to around 925 and pay attention to short selling opportunities.