Bitcoin first broke through and then faced resistance at 89449 after rallying, pulling back; the second rebound was slightly higher but still failed to stabilize above 89449's strong resistance, then retreated to support and rebounded. Resistance is clearly suppressing. If the rebound cannot break the previous high or stabilize above 89449, it is likely to break below support and return to the range, with a downside target of 86785; only a breakthrough above 89449 would lead to a rally. Short-term remains high-altitude.
Bitcoin Suggestion: Short in the 89000-89300 rebound zone, target 87300-86500, and watch for weakness to 85000.
Altcoin Suggestion: Short in the 2775-2810 rebound zone, target 2940-2960.
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12.26 Evening Review: High-altitude Layout
Bitcoin first broke through and then faced resistance at 89449 after rallying, pulling back; the second rebound was slightly higher but still failed to stabilize above 89449's strong resistance, then retreated to support and rebounded. Resistance is clearly suppressing. If the rebound cannot break the previous high or stabilize above 89449, it is likely to break below support and return to the range, with a downside target of 86785; only a breakthrough above 89449 would lead to a rally. Short-term remains high-altitude.
Bitcoin Suggestion: Short in the 89000-89300 rebound zone, target 87300-86500, and watch for weakness to 85000.
Altcoin Suggestion: Short in the 2775-2810 rebound zone, target 2940-2960.