Christmas Eve's market seems to have no surprises, and BTC's volatility appears to be somewhat calm.



From a technical perspective, recent daily charts show a typical narrow-range consolidation trend. Based on the current trajectory, the price is likely to first test the support level around 85,000. As the consolidation range narrows, the momentum for a subsequent breakout will gradually build, and the probability of a rebound increases.

Once a rebound is initiated, it is expected to surge toward the resistance level near 98,500. It is worth noting that a relatively large short position has already been established, mainly bearish on the future performance of BTC and ETH.

Looking ahead to next year's market, the plan is to maintain a large short position strategy, targeting the range around 71,000. Let's wait and see whether the market will unfold as expected next year.
BTC-0.2%
ETH0.11%
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ChainMelonWatchervip
· 4h ago
If you can't break through 85,000, you have to rebound. This logical loop is a bit ridiculous...
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StakeTillRetirevip
· 4h ago
If you can't break through 85,000, don't talk to me about a rebound. See you at 71,000 next year...
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AirdropHermitvip
· 4h ago
Talking about the 85,000 support again? I've heard this explanation for over a year. Maybe next year, it will only count if it drops to 71,000.
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