#数字资产市场动态 How will BTC move on the evening of December 26? A key judgment
Recently, this wave of market movement has been stuck repeatedly in the 88,000-89,000 range, with the 89,500 resistance holding quite firmly, and 88,000 serving as a defensive line. Either break above 89,500 to push towards 90,000, or fall below 88,000 to test 87,500—choose a side and go.
**Look at specific levels first**
On the resistance side, 89,500 is today's high, holding very tightly. The entire area between 89,000-89,200 is resistance. If it can stabilize above 89,500, the next target is the round number 90,000. On the support side, 88,000 is the main line, with 87,500-88,000 as the second line. There is also strong support at the intraday low of 86,824. If it breaks below 88,000, caution is needed as it may move toward 87,500, but this area also offers a rebound space of 500-700 points.
**What does the technical analysis say?**
On the 4-hour chart, MACD shows signs of turning, with decreasing red bars, indicating that the short-term upward momentum is waning. The middle band of Bollinger Bands is around 88,500, currently providing temporary support, while the upper band at 89,500 is a clear resistance. The daily chart remains within the recent upward channel, but the problem is that last night’s high was followed by a pullback, showing insufficient bullish momentum. Now, it depends on how the bulls and bears switch hands in the 88,000-89,000 range.
Another detail—during the Christmas holiday, market liquidity is naturally thin, trading volume shrinks, making it difficult to break major resistance levels. Also, ETH’s performance during this period is very prone to sudden "spikes," so caution is advised.
**Trading ideas for you**
For longs: Gradually build positions between 88,000-88,200, with a stop loss below 87,800. First target 88,800-89,000; if broken, then aim for 89,500.
For shorts: Lightly short at 89,200-89,500, with a stop loss at 89,800. Target a pullback to 88,500-88,000.
If the market volume truly breaks above 89,500, go long directly, targeting 90,000-90,200; conversely, if volume breaks below 88,000, immediately switch to short, aiming for 87,500-87,000. In such cases, there are opportunities to reverse positions.
**Final reminder**
Liquidity is poor during the holidays, and extreme volatility like "spikes" can happen at any time. Always operate with small positions and set stop losses. Heavy positions and holding through such environments only invite trouble—don’t do that.
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SchrodingerProfit
· 5h ago
Whether 88,000 breaks or not is the real key; this positioning move is indeed a bit annoying.
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AirdropHunterWang
· 5h ago
Has the 88,000 been broken yet? I'm feeling a bit anxious now. The market during this holiday is too dull.
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GateUser-1a2ed0b9
· 6h ago
The 88,000-89,000 range is really stuck, it feels like a choice between sides.
View OriginalReply0
AirdropAutomaton
· 6h ago
Pushing hard between 88,000-89,000, really giving it my all. Feels like either a surge to 90,000 or a dip to 87,500, no third option, right?
#数字资产市场动态 How will BTC move on the evening of December 26? A key judgment
Recently, this wave of market movement has been stuck repeatedly in the 88,000-89,000 range, with the 89,500 resistance holding quite firmly, and 88,000 serving as a defensive line. Either break above 89,500 to push towards 90,000, or fall below 88,000 to test 87,500—choose a side and go.
**Look at specific levels first**
On the resistance side, 89,500 is today's high, holding very tightly. The entire area between 89,000-89,200 is resistance. If it can stabilize above 89,500, the next target is the round number 90,000. On the support side, 88,000 is the main line, with 87,500-88,000 as the second line. There is also strong support at the intraday low of 86,824. If it breaks below 88,000, caution is needed as it may move toward 87,500, but this area also offers a rebound space of 500-700 points.
**What does the technical analysis say?**
On the 4-hour chart, MACD shows signs of turning, with decreasing red bars, indicating that the short-term upward momentum is waning. The middle band of Bollinger Bands is around 88,500, currently providing temporary support, while the upper band at 89,500 is a clear resistance. The daily chart remains within the recent upward channel, but the problem is that last night’s high was followed by a pullback, showing insufficient bullish momentum. Now, it depends on how the bulls and bears switch hands in the 88,000-89,000 range.
Another detail—during the Christmas holiday, market liquidity is naturally thin, trading volume shrinks, making it difficult to break major resistance levels. Also, ETH’s performance during this period is very prone to sudden "spikes," so caution is advised.
**Trading ideas for you**
For longs: Gradually build positions between 88,000-88,200, with a stop loss below 87,800. First target 88,800-89,000; if broken, then aim for 89,500.
For shorts: Lightly short at 89,200-89,500, with a stop loss at 89,800. Target a pullback to 88,500-88,000.
If the market volume truly breaks above 89,500, go long directly, targeting 90,000-90,200; conversely, if volume breaks below 88,000, immediately switch to short, aiming for 87,500-87,000. In such cases, there are opportunities to reverse positions.
**Final reminder**
Liquidity is poor during the holidays, and extreme volatility like "spikes" can happen at any time. Always operate with small positions and set stop losses. Heavy positions and holding through such environments only invite trouble—don’t do that.
$BTC