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**How to view this wave of market?**
During the holiday period with low liquidity, Bitcoin has been repeatedly testing the 87,000–89,000 range. The daily chart shows some resistance, but the hourly chart still has some momentum, and the 4-hour chart is in a consolidation mode. The key point is whether 88,800 can be broken through; 87,000 is the bottom line.
**Key numbers to remember**
Looking up: 88,800 (4-hour resistance) → 90,000 (integer level) → 92,000 (mid-term resistance)
Looking down: 87,000 (intraday support) → 86,000–86,500 (moving average fortress) → 85,769 (100-week moving average, strong support) → 82,000 (if broken, watch here)
**Current technical situation**
The daily chart is somewhat weak: below the 30-day moving average, 7-day and 30-day moving averages are in a bearish alignment, RSI around 41 (bearish), MACD shows a death cross with decreasing momentum, indicating the downward force is weakening, but a bullish reversal signal has not yet appeared.
The 4-hour chart is in consolidation: the 88,800 level is tightly capped above, with support at 87,800 below, RSI in neutral territory, no clear direction.
The hourly chart is relatively stronger: RSI leaning bullish, MACD shows a small golden cross, but this short-term bullishness can easily be reversed by liquidity.
**How to operate reliably**
*Intraday strategy*
Buy the dips and sell the rallies. Enter small long positions in batches around 87,500–88,000, with stop-loss below 87,000, targeting 88,800. If near 88,800 gets pressured, consider a light short position with a stop at 90,000, targeting 87,800. Remember to keep single position size under 10%, trade quickly, and avoid greed.
*Slightly longer-term strategy*
Looking at 1–2 weeks, consider gradually accumulating in the 86,000–88,000 range, but total position should not exceed 30%. Focus on defending the 85,769 100-week moving average; if broken, reduce positions and wait. Conversely, if the price stabilizes above 90,000, consider adding positions with an eye on 92,000.
*Risk control is the most important*
Liquidity during holidays is poor, so strict stop-loss execution is essential. Never hold heavy positions or use high leverage. Also, pay attention to ETF fund flow changes, as they are increasingly influencing the market.