12.25 Intraday Analysis


Looking at the 1-hour chart of Bitcoin, it surged to 90600 and formed a double top in a phased manner. It then broke below the key support at 87500 and dipped to a low of 86355. The momentum has been exhausted during the rebound, and as the US stock market is closed, volatility will decrease, with trading ranges focusing around small zones. At the same time, be alert to sudden news during the holiday period that could cause market fluctuations, and manage positions to avoid risks.
Trading Suggestions: Rely on the range around 88000-88800, with targets near 86800-86000.
The "Auntie" recommends a rebound to around 2970-2995, with targets near 2900-2825.
ETH0.2%
BTC0.88%
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