Key support levels held successfully. After the price dipped to the 87,000 level yesterday, it quickly rebounded. The 87,000-88,000 range is a strong support zone and also an important defense line of the 20-month moving average. As long as this range is not effectively broken downward, it is a clear signal for the bulls to launch a counterattack, with a very low possibility of a breakdown.
The 4-hour trend has already turned stronger, and the current price is firmly above the 90,000 level. As long as it can stabilize at this position without falling back, it is highly likely to continue pushing higher in the future. Short-term market selling pressure has already significantly weakened.
Bitcoin trading suggestion: Consider entering long positions in the 86,500-87,000 range, with the first target near 88,000 and the second target aiming for the 91,000 level.
Altcoin trading suggestion: It is recommended to go long in the 2,890-2,910 range, with the initial target at 2,950, and subsequently aiming for around 3,250. $BTC #GateCEO2025年终公开信
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Today's thoughts and references:
Key support levels held successfully. After the price dipped to the 87,000 level yesterday, it quickly rebounded. The 87,000-88,000 range is a strong support zone and also an important defense line of the 20-month moving average. As long as this range is not effectively broken downward, it is a clear signal for the bulls to launch a counterattack, with a very low possibility of a breakdown.
The 4-hour trend has already turned stronger, and the current price is firmly above the 90,000 level. As long as it can stabilize at this position without falling back, it is highly likely to continue pushing higher in the future. Short-term market selling pressure has already significantly weakened.
Bitcoin trading suggestion: Consider entering long positions in the 86,500-87,000 range, with the first target near 88,000 and the second target aiming for the 91,000 level.
Altcoin trading suggestion: It is recommended to go long in the 2,890-2,910 range, with the initial target at 2,950, and subsequently aiming for around 3,250. $BTC #GateCEO2025年终公开信