2025-12-25 12:24:19

The recent movement of Bitcoin has been quite interesting. The entire market has been fluctuating between 88,600 and 86,500, with no signs of a clear breakout. Last week, it dropped from around 90,400 down to 86,500, and on Monday morning, it also touched this low point, then started to consolidate sideways.

From a technical perspective, several details are worth noting. The Bollinger Bands have already narrowed significantly, which usually indicates that the market is either preparing for an upward breakout or a downward breakdown—range-bound consolidation won't last forever. The MA60D around 86,500 has formed a support level, and the short-term bullish momentum has already weakened during the weekend sideways movement.

Even more interesting is the 120-minute candlestick chart. The small range is indeed repeatedly confirmed between 88,600 and 86,500, but on the 4-hour and daily charts, the bullish trend has already weakened, and traders should be alert to the risk of top divergence. The next breakout direction is crucial.

BTC0.72%

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ShamedApeSeller

· 6h ago

I've seen this Bollinger Band narrowing tactic too many times, and every time they say it will break out, but it just keeps stalling. Wait, can the 86500 level really hold? It feels like it could collapse at any moment. I'm not afraid of a breakdown; what worries me is this feeling of being stuck in the middle, suffocating. The bullish trend is weakening, that's true, but who can be sure whether the next move is down or a rebound? I just want to know if this wave is truly a shakeout or if a trend reversal is coming. The 120-minute chart has fooled me too many times.

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ArbitrageBot

· 6h ago

The idea of Bollinger Bands narrowing has been heard too many times; the key is whether it can break out. This time, the bulls really have no momentum left; it feels like we have to wait for news to come to rescue the situation. Dragging things out these past two days has actually made me more worried about the possibility of a breakdown.

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ZkProofPudding

· 6h ago

Bollinger Bands narrowing so obviously, is it going up or down? So frustrating. --- 88600 resistance is so tough, feels like we need an event to break through. --- The bullish momentum has indeed weakened; this wave might really need a correction. --- Sideways trading is annoying, but the divergence risk must be closely watched. --- 4-hour chart weakening, uncomfortable, feels like something will happen next week. --- Stuck in this pattern again, the hourly is bullish while the daily is bearish, can't fight this battle. --- 86500 support is a joke; it has long broken the psychological barrier. --- Waiting for a breakout; entering now is just gambling, not worth it.

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PuzzledScholar

· 6h ago

The Bollinger Bands have narrowed, which is true, but it still feels like it's gathering strength. I'm just worried that a break below could lead to a rapid decline.

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DataBartender

· 6h ago

The Bollinger Bands are narrowing like this; it seems like there will be movement next week.

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BoredWatcher

· 6h ago

The Bollinger Bands narrowing is really imminent, and a breakout could happen at any time. I bet this round will crash down. Speaking of which, this market has been grinding for so long, it's quite annoying. Better to wait for a breakout before jumping in. Is the bullish momentum waning? Then be even more cautious, don’t be fooled by the rebound. The four-hour and daily charts showing simultaneous weakening is a bit of a dangerous signal. I think the resistance level is still very strong. Just moving sideways and grinding, a breakout sooner rather than later would be better. It’s so frustrating. The risk of top divergence is no small matter; we need to see how it performs today. Breaking through the 86,500 defense line is more interesting. Right now, it’s just a trapped beast fighting.

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TokenAlchemist

· 7h ago

nah this 88.6k-86.5k range is basically just liquidation bait at this point... bollinger squeeze always precedes volatility but tbh the higher timeframes tell a different story entirely. divergence risk is real, not some rookie observation

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