On December 7th, #数字货币市场洞察 's price movements were a bit perplexing.
Looking at the chart, the price broke below the $89,000 mark, with an intraday drop of nearly 1%. In fact, after climbing up from the early-month low of $86,000, Bitcoin has been hovering around $90,000, essentially correcting after the drop, but the recovery is incomplete. On the short-term 2-hour chart, there have been several consecutive bullish candles, and the MACD has shown some rebound signals, but the daily level still faces bearish pressure that hasn't fully dissipated.
Looking upward, the $93,000 to $95,000 range is a hurdle—whether there’s room for a bigger rebound depends on breaking through this area. On the downside, $88,000 to $90,000 is the support zone, with $89,000 as a key dividing line—holding above it means there’s still a chance, but if it breaks below $88,000, it could head toward $86,000 or even lower.
There's a saying I find quite reasonable: if the $90,000 mark can't be breached for a long time, there’s a high probability of continued slow declines ahead. The market will likely remain choppy during the day, and it may only show a clearer direction at night, so keep a close watch.
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GasGuru
· 16h ago
Still messing around at this damn 90,000 level again. Enough already, it's just annoying to look at.
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TheMemefather
· 16h ago
The 90,000 mark is really a hurdle. If it breaks below 88,000, we need to be careful.
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ProofOfNothing
· 16h ago
90,000 really is a hurdle. If it can't be broken, it feels like we'll have to keep grinding. This is just the daily life in the crypto world.
On December 7th, #数字货币市场洞察 's price movements were a bit perplexing.
Looking at the chart, the price broke below the $89,000 mark, with an intraday drop of nearly 1%. In fact, after climbing up from the early-month low of $86,000, Bitcoin has been hovering around $90,000, essentially correcting after the drop, but the recovery is incomplete. On the short-term 2-hour chart, there have been several consecutive bullish candles, and the MACD has shown some rebound signals, but the daily level still faces bearish pressure that hasn't fully dissipated.
Looking upward, the $93,000 to $95,000 range is a hurdle—whether there’s room for a bigger rebound depends on breaking through this area. On the downside, $88,000 to $90,000 is the support zone, with $89,000 as a key dividing line—holding above it means there’s still a chance, but if it breaks below $88,000, it could head toward $86,000 or even lower.
There's a saying I find quite reasonable: if the $90,000 mark can't be breached for a long time, there’s a high probability of continued slow declines ahead. The market will likely remain choppy during the day, and it may only show a clearer direction at night, so keep a close watch.