2025-12-31 06:21:16

Bitcoin has been a bit indecisive these past two days. The price has been fluctuating between $86,700 and $90,200. The hourly chart shows clear signs of a rebound, but looking at the weekly chart, the bearish signals are still there, and the selling pressure on crypto asset ETFs hasn't eased. The bulls and bears are fighting hard, and the market's contradictions are very strong.

The two most critical technical levels to watch closely are: if the price can hold above $90,000, market sentiment might reverse, at least easing short-term bearish pressure. Conversely, if the $85,000 level is broken, risks will escalate quickly, and caution will be needed.

Liquidity during the year-end holidays is prone to anomalies, and when trading volume is low, price volatility tends to become sharper. Whether the New Year’s opening rally will be driven by bulls or bears is still uncertain. The recent movements are crucial for determining the next direction, especially at this sensitive level.

BTC0.87%

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AirdropCollector

· 7h ago

This back-and-forth, no one dares to hold a heavy position --- Is 90K really that magical? Feels like a fake-out again --- ETF selling pressure is here, no matter how strong the bulls are, it's useless --- Holiday market is just gambling, I choose to lie flat --- Breaking 85K directly leads to a slide, got scared --- Weekly bearish signals are here, a rebound might just be a trap --- Let's wait and see, anyway there's no trading volume at the end of the year, so nothing counts --- Where's the promised good start? Feels like it's turning red --- Bull and bear split, being caught in the middle is the hardest --- The hourly rebound looks comfortable, but the weekly chart is breaking through defenses

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WalletInspector

· 7h ago

Repeatedly dropping around 88,000 is getting a bit annoying. Is breaking 90K really that difficult?

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LadderToolGuy

· 7h ago

This wave of volatility is really dull, feels like spinning around in a casino Can't break 90,000, can't hold 85,000, what should we do? Liquidity is poor at the end of the year, a sudden wave could crash down at any moment Will there be a surprise in the New Year? It feels a bit uncertain Be cautious of ETF sell-offs, don't get caught off guard The key levels are these two, might as well gamble on one anyway

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PoetryOnChain

· 7h ago

It's really crucial to hold the key level at 88k; otherwise, this rebound will just be a false signal for a bearish trend.

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WealthCoffee

· 7h ago

This wave of the market is really dancing, it's hard to watch --- I think breaking 85k is the real critical point, right now it's a gamble whether 90k can hold --- Liquidity is so poor but still daring to rebound, it feels like a trap --- Both bulls and bears don't want to step out, is this how we end the year? --- The key is that the trading volume is too sparse, one big bearish candle and everything is over --- Honestly, 90k feels uncertain, the weekly bearish signals are too obvious --- Wait for the New Year opening, all current predictions are pointless --- ETF is dumping, retail investors are still buying the dip, this situation is hard to avoid collapsing

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BackrowObserver

· 7h ago

This market is really Schrödinger's bull, the hourly chart cheers while the weekly chart pours cold water on you. If it breaks below 85K, you gotta run; anyway, with such poor liquidity during the holiday, who dares to gamble? 90K is the life and death line; if it can't break through, just keep lying flat. This end-of-year matter, to be honest, is just waiting to see how the new year starts. The selling pressure from ETFs is really annoying, totally disruptive. Feels like we still need to see next week's mood; guessing blindly now is just asking for trouble. If this range-bound oscillation continues, retail investors' blood pressure will soar.

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