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
BTC-1.04%
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