2025-12-25 03:30:08

Yesterday, Bitcoin dipped to around 86,300. These past two days have provided plenty of shorting opportunities, with each move exceeding a thousand points. However, overall, it’s still a ways from the expected target, and now it has rebounded again. Some say that the Christmas market will rise, and this has been the case in previous years, but can it repeat this time? Honestly, it’s still hard to say.

From a technical perspective, Bitcoin has not broken downward, and after repeatedly testing the bottom, it rebounded once. However, this rebound is quite limited, with obvious resistance above. The rebound probably won’t go too high, and the current approach remains the same—mainly bearish.

Short-term trading suggestion: short around 88,200, with the lower target in the range of 86,800 to 85,800.

BTC1.38%

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FlatTax

· 4h ago

It rebounded again. Can it break through the resistance this time? Feels unlikely. The idea of a Christmas market rally, I heard it last year too, and everyone knows how that turned out. Short at 88200? I need to see if this wave can reach that level.

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CompoundPersonality

· 12h ago

Here we go again, constantly testing the lows, the hedging sword is almost dull with a thousand-point range. This rebound is just like that, the resistance is solid, and the 88200 short positions are ready. Christmas rally? Ha, just making up stories. That move around 86300 indeed didn't get fully caught, feeling a bit annoyed. The shorts haven't escaped, they're waiting for 86800.

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TommyTeacher