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12.29 Morning Review: The correction is a bullish signal
Bitcoin stabilizes above 87,000, with intra-day narrow fluctuations between 87,000-88,000. The bottoming out and rebound pattern is clear. Trading volume has decreased, but selling pressure has significantly eased. Market sentiment has shifted from panic to stabilization and consolidation, with bulls gathering strength for a move.
Technical analysis on the 4-hour chart: Price is above the Bollinger middle band, with the lower band providing strong support and the upper band facing short-term resistance. The Bollinger bands are narrowing, awaiting a direction. The probability of an upward breakout is higher. Steadfastly consider low buying!
Bitcoin suggestion: Buy within the 87,200-87,500 range, targeting 89,000-90,000
Altcoin suggestion: Buy within the 2,920-2,880 range, targeting 2,970-3,000
#2025Gate年度账单