#数字资产市场动态 Bitcoin continued its upward trend in the early trading session today. From the four-hour chart, the market repeatedly tests between $87,400 and $88,000. The overall increase is modest, rising only about 0.2%. The support level below is around $87,400, while resistance above is near $88,800.
From a trading perspective, attention can be paid to the breakout of this range. If Bitcoin faces resistance and pulls back at the $89,000-$89,500 level, consider looking for shorting opportunities, with a target around $87,000.
Currently, Ethereum and Binance Coin are also moving in tandem with Bitcoin, but in the short term, the market still depends on Bitcoin's direction.
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BlockchainDecoder
· 10h ago
According to research, a slight increase of 0.2% essentially reflects the market's hesitation at high levels. It is worth noting that the oscillation pattern in the $87,400-$88,800 range is highly similar to the technical performance during the same period in previous years. It is recommended that everyone refer to CME futures data and re-examine the possibility of a breakout from the perspective of institutional holdings.
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MelonField
· 12-29 02:18
Damn, still bragging about a 0.2% increase? Is this what you call a continued upward trend?
Let's talk after it breaks down. Right now, we're just stuck in a box, repeatedly testing, it's killing me.
Waiting to crash to 87,000 to buy the dip, and then you'll be shouting about a 50% cut again.
Bitcoin is not moving, what are other coins worth?
The short positions are ready, just waiting for that shot at 89,500.
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MoodFollowsPrice
· 12-29 02:04
Bitcoin is starting to drag again; it really can't break through 88,000, which is a bit nerve-wracking. We have to wait for it to figure things out on its own.
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VCsSuckMyLiquidity
· 12-29 02:03
0.2% increase? Is that called a rally? Bro, your market description is way too gentle.
It's just a trap, waiting for short positions to enter... Bitcoin still needs to fluctuate a bit more.
This range is repeatedly rubbing, so boring, when will it break out?
89500 just pushes back for a correction? Alright, I bet it will break through.
When Bitcoin sneezes, Ethereum catches a cold. Look at how it's being taken care of.
#数字资产市场动态 Bitcoin continued its upward trend in the early trading session today. From the four-hour chart, the market repeatedly tests between $87,400 and $88,000. The overall increase is modest, rising only about 0.2%. The support level below is around $87,400, while resistance above is near $88,800.
From a trading perspective, attention can be paid to the breakout of this range. If Bitcoin faces resistance and pulls back at the $89,000-$89,500 level, consider looking for shorting opportunities, with a target around $87,000.
Currently, Ethereum and Binance Coin are also moving in tandem with Bitcoin, but in the short term, the market still depends on Bitcoin's direction.