- Status: Weak oscillation, with bulls and bears contesting around 88000 dollars, no clear trend. - Key impacts: Continuous outflow of ETF funds, liquidity contraction during the Christmas holidays, and a technical ascending wedge warning pattern.
Key price level
- Support: 87000-87500 (strong support) → If it breaks down, look at 86500 - Resistance: 88800-89000 (strong resistance) → If it holds, look up to 90000
Short-term trading advice
- Long position: 87200-87500 light position, stop loss 86800, target 88300-88800 - Short Position: 88800-89000 light position, stop loss 89500, target 88000-87500 - Risk Control: Position ≤ 20%, quick in and out, no overnight heavy positions
Key observation
- Follow the trend after breaking through or falling below the core range, with a focus on ETF fund flows and large on-chain transfers. #Gate社区圣诞氛围感
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin trend on December 24 at midnight
Core Judgment
- Status: Weak oscillation, with bulls and bears contesting around 88000 dollars, no clear trend.
- Key impacts: Continuous outflow of ETF funds, liquidity contraction during the Christmas holidays, and a technical ascending wedge warning pattern.
Key price level
- Support: 87000-87500 (strong support) → If it breaks down, look at 86500
- Resistance: 88800-89000 (strong resistance) → If it holds, look up to 90000
Short-term trading advice
- Long position: 87200-87500 light position, stop loss 86800, target 88300-88800
- Short Position: 88800-89000 light position, stop loss 89500, target 88000-87500
- Risk Control: Position ≤ 20%, quick in and out, no overnight heavy positions
Key observation
- Follow the trend after breaking through or falling below the core range, with a focus on ETF fund flows and large on-chain transfers. #Gate社区圣诞氛围感