2025-12-29 02:28:47

Bitcoin rapidly dipped to 87402 yesterday and then quickly rebounded, forming a clear bottoming and rebound pattern. From a technical perspective, the price has recovered the middle band of the Bollinger Bands, and there are signs of the Bollinger Bands expanding upward, indicating that short-term bullish momentum is relatively sufficient.

The price broke through the previous consolidation range, and when retesting, it did not break below the key support, which is a normal trend continuation adjustment. Overall, Bitcoin remains in a short-term upward channel.

In terms of trading strategy, look for long opportunities in the 87800-87300 range, with a focus on resistance levels around 88800-89800. As long as the key support is not effectively broken in the short term, there is still room for a rebound.

BTC-0,53%

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TokenomicsDetective

· 9h ago

87402 That moment scared me to death, I thought it was going to break the bottom, but then it turned around and pulled up again, quite fierce.

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LayerZeroHero

· 10h ago

The surge to 87,400 was really scary, but luckily it didn't break the support, or it would have been another bloodbath.

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GateUser-e51e87c7

· 10h ago

Is the position at 87,800 really stable? It feels like it could break with a single poke.

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GasFeeNightmare

· 10h ago

87402 That wave almost knocked me out of the market, luckily it rebounded, otherwise I would have suffered a huge loss.

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SatoshiLeftOnRead

· 10h ago

87402 At that moment of bottoming out, I really almost lost my mind, but luckily it rebounded, or I would have been trapped again. This breakout feels a bit different; the Bollinger Bands opening up still looks interesting. 88800-89800, if it really can rise to that level, I would wake up laughing. Let's first see if 87800 can hold steady. Whether the key support breaks or not is very crucial; if it breaks, the story changes. This rebound still has some room for imagination, just don't let another sharp drop slap me in the face.

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LayerHopper