2026-01-02 03:23:41

Bitcoin's recent trend looks quite interesting. The current price is stuck around 88,900. After the sharp decline last night, the rebound was quite strong, and short-term trading volume has also increased, indicating a slight improvement in market sentiment. However, from the 4-hour chart, the overall bearish structure remains unchanged—higher highs continue to be pushed down, and each rebound seems somewhat weak, especially in the 89,000 to 89,200 range, where resistance is still very evident.

From a support level perspective, 87,000 to 87,500 is considered the first line of defense, followed by the strong support at 86,500. If you are considering trading, you might think about taking a small long position within the 87,500 to 87,800 range, targeting 89,000. But remember, resistance levels are still present above, and 90,000 remains a tough nut to crack.

BTC1.19%

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WalletDetective

· 2h ago

Level 88900 is really stuck, every rebound is so weak it’s almost dead

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gas_fee_trauma

· 2h ago

It's been 88,900 cards for so long, it feels like a test to see if anyone will hold on below.

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LuckyBearDrawer

· 2h ago

88900, this position really shows weak rebound, feels like a fleeting recovery

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SchrodingerWallet

· 2h ago

88900 points, it's really annoying here, the rebound is weak haha

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MEVEye

· 2h ago

88900 this level rebound is indeed a bit interesting, but it still feels like it can't break through the 89200 ceiling. Buying the dip at 87500 to 87800? It depends on whether the trading volume can keep up, otherwise it's just a fake fall. 90000? Haha, dreaming. The resistance above is so heavy.

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ParallelChainMaxi