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12.23 BTC idea analysis
From the 4-hour time frame, BTC is currently in a clear and steady bullish accumulation phase. Although short-term market fluctuations have increased and the price has encountered resistance and retreated several times during attempts to rise, it is important to note that the lows during the pullback are continuously rising, and the key support area below remains solid and strong, never effectively broken by bears, which fully demonstrates the strong buying strength during the market adjustment phase.
The current price is steadily operating above the middle band of the Bollinger Bands, with the overall shape of the Bollinger Bands showing a converging upward trend. This technical structure indicates that the rhythm of the consolidation is gradually leaning towards the bullish side, and the bullish momentum is in a state of active accumulation.
Operation suggestion: Around 88000-87400, looking up to 89000-90000. If it breaks through, continue to look up. #2025Gate年度账单