#数字资产市场动态 BTC short-term volatility, recognizing these levels is crucial

On December 26th at noon, Bitcoin repeatedly fluctuated around 88,799.9. It surged to 89,432 in the morning but faced resistance, then quickly plunged to a bottom of 86,824 before stopping. Now it has returned to the consolidation range. This rapid rise and fall indicate that both bulls and bears are competing.

From a technical perspective, the key support levels are 88,500-88,700. If it breaks below 88,000, further downside is possible. On the upside, 89,000-89,200 is the first resistance zone, with around 89,400 being the real hard pressure. To break through, additional capital inflow is needed; otherwise, the rebound will be limited.

There are 23.6 billion in options expiring today, and this selling pressure has been gradually released. However, the current situation shows that funds are cautious, with no new inflows to boost the market. After bulls pushed the price higher, profit-taking emerged, and upward momentum is clearly lacking. Under these conditions, a sustained one-way trend is unlikely.

How to operate in the short term? If the price stabilizes after a pullback to 88,500-88,700, consider going long with a stop loss below 88,000, targeting the 89,000-89,400 range. If the price rebounds to 89,000-89,200, you can also consider shorting with a stop loss above 89,500, with a target back to 88,500-88,700.

Based on the midday trend, it’s most likely that the price will oscillate within the 88,500-89,200 range. Trading the swings—buying low and selling high—at these levels can help you steadily capture the market moves.

$BTC