Monday Morning, 12.29 | BTC Market Overview

BTC has remained steadily above 87,000 for several consecutive trading days, with prices mainly consolidating sideways around the 87,000–88,000 range. The overall structure shows a pattern of bottoming out and then rebounding, followed by oscillation and digestion. Recently, trading volume has remained relatively low, but there have been no new downward breaks, indicating that selling pressure continues to weaken and market positions are gradually stabilizing.

From a 4-hour perspective, the BOLL channel is clearly narrowing and flattening, which is typically a sign that the market is about to choose a direction. Combining this with the earlier low points rising and limited retracement, the probability of an upward breakout in the short term is relatively higher.

BTC: Watch the 87,200–87,500 area, adopt a phased entry approach
Target range: 89,000–90,000. Based on upward momentum and volume changes, flexibly take profit in segments.