12.25 Bitcoin Morning Analysis

Bitcoin dipped to a low of 86,355.0 and then quickly rebounded, forming a strong bottoming and recovery pattern, indicating robust buying support below; after breaking through the previous consolidation upper boundary, the price retested the key level at 87,730.1 and stabilized, signaling a clear short-term bullish reversal; in terms of volume, the downward process saw rapid shrinking of trading volume, while during the rebound phase, volume gradually increased, showing healthy price-volume cooperation.

Additionally, the previously weak support at 86,420 has turned into effective support after testing. Although the 7-period moving average (MA7) is temporarily suppressing the price, the momentum of the short-term moving average rebound is accumulating, and the probability of breaking through the resistance to move higher is relatively high. Overall, Bitcoin's short-term correction has completed, and a new upward trend is about to begin.

Trading suggestion: Enter long positions in the 86,300-86,800 range, targeting 88,500-89,000, with a stop loss at 85,500. #加密市场小幅回暖