📊 Latest market situation of Bitcoin on December 1st,
#BTC in the morning.
As of December 1st, 8:39, the price of Bitcoin (BTC) is reported at $87,808, with the market in a phase of long and short contention within a key support range. After reaching a maximum of $93,000 on November 28th, the price failed to stabilize and quickly fell back to the current level, indicating that selling pressure remains heavy above.
Core Long and Short Battle Points:
• Positive factors: On-chain data shows that whale addresses (holding over 10,000 BTC) have resumed net accumulation in the $87,000 to $90,000 ra