2025.12.22《$btc》Short Essay

Last night’s massive liquidation was impressive, and this morning it surged again. Although it retraced after the surge, it still resembles a typical liquidation method, and it seems to be gearing up for another upward assault.

Has the big liquidation that started on December 9 ended? Is it time to prepare for a reversal? Will there be another crash? Will it turn around to test the position below 84000 or even the 80000 level?

I don't know; I can't see it at all right now.

My standard is that if the price breaks through and stabilizes above 89600, then the upper range will open up. The next major resistance zone is 【93100-94000】. If that happens, the previous major liquidation will naturally end, and the low point of 84450 formed last week will be a reversal point.

Therefore, in the next couple of days, the bulls' efforts to conquer the 89600 level will be crucial. Breaking through is not enough; it must stabilize. Only then can the bulls claim victory, occupy the mountain, and raise the bull flag.

After three consecutive days of narrow fluctuations, the bears did not push down, and the bulls did not succeed in pushing up, so the battle between bulls and bears is extremely fierce. However, combined with last week's on-chain data, the leading actors' behavior of building a bottom is very evident. This is also why I repeatedly emphasize the necessity of buying big on big dips and small on small dips. If you wait passively for the 80000 level or even below it, you may end up missing out. We will take a look at the latest changes in on-chain chips later.

Finally, the sign of the complete demise of the short-term bulls is a failed price breakout, falling below the 86600 level. Only if the price breaks below here does the price below 84000, and even at the 80000 level, have a glimmer of hope.

Whether the bulls can rise depends on today.

In summary, if there are questions, let’s discuss it in the circle. #ETH走势分析 #加密市场观察 #巨鲸动向