星河CL

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Futures Trading Strategist
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Crypto Market Researcher
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Market Analysis for Monday, 12.29 Morning:
Bitcoin continued to trade within a narrow range overnight, with a low of 86,200 and a slight dip below the previous support level before quickly rebounding. It reached a high of 87,900, currently at 87,650, with a period volatility of approximately 1.9%.
Technical indicators across multiple timeframes show a sideways trend. The daily chart shows range-bound consolidation with no significant volume during the rebound from the bottom. The 90,000 level faces clear resistance, while 86,000 and the previous low of 86,400 form a double support. The 4-hour
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Early morning Bitcoin stabilizes between $87,500 and $87,900, briefly dips to $87,200, then recovers, with limited fluctuation. In the evening, Dodan's operation is executed, with a gain of 1,000 points ➕40 points.
Galaxy Friday morning:
Range around 87,400-87,900, looking towards 86,300-85,300.
Range around 2,920-2,950, looking towards 2,870-2,840.
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In the afternoon, Bitcoin remains within the narrow range of 87,000-88,500, with trading volume further shrinking compared to the morning. The low liquidity characteristic is prominent during the Christmas holiday. The support at the 87,000 level remains solid, while resistance at 88,500 is evident. The bulls and bears are in a subdued tug-of-war.
Galaxy Thursday night forecast:
Around 87,700-88,200, looking towards 86,600-85,600.
Around 2,940-2,970, looking towards 2,890-2,860.
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ETH0,46%
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Bitcoin fluctuated downward from early morning to dawn, with the 85,000 support level in danger! The 88,000 resistance is hard to break, and the short-term weakness is unlikely to change. Be cautious about chasing highs during low liquidity periods.
Galaxy Thursday morning:
Around 88,000-88,500 resistance, looking towards 86,900-85,900. Around 2,960-2,990 support, looking towards 2,910-2,880.
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ETH0,46%
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Christmas Eve Bitcoin trades within a narrow range, currently oscillating between 86,500-88,300, with limited volatility due to low liquidity. The key resistance is at 88,500, and 86,500 serves as a vital support line. A break below may lead to a dip toward 85,000, with short-term focus on range-bound consolidation.
Galaxy Thursday early morning:
Range around 87,300-87,800, looking toward 86,200-85,200.
Range around 2,950-2,980, looking
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Bitcoin enters a volatile downward mode at midday, with the 86700 level forming effective resistance. Currently, it is oscillating back and forth around the 87100 mark. The market lacks clear directional guidance, and low liquidity may lead to increased volatility. It is important to closely monitor key breakout levels and act accordingly.
Galaxy Wednesday Night:
Watch around 87300-87800; target around 86200-85200.
Watch around 2950-2980
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ETH0,46%
SOL0,26%
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星河CLvip:
Merry Christmas!
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