$BTC

Last night's market had a false breakout and was pushed back down, usually indicating the end of the accumulation phase. Then it moves in one direction, and the first requirement is to have a strong bullish candle along with volume.

Yesterday, there was indeed a small breakout, but the volume didn't follow, so it couldn't support the rise, resulting in a false move here. Today, it started to pull back, and the day after tomorrow is Christmas, with US stocks not trading. The liquidity this week is relatively poor, and last night's volatility was only 2000 points.

Still observing the accumulation phase and a proper trend, currently no major one-sided movement has emerged, but if a major one-sided movement does occur, it will be significant—either breaking below 80,000 or breaking above 94,000. If it happens,

Currently

Support at 87000

Resistance at 89000 (minor resistance)

With no liquidity, the market is moving too slowly, and there's nothing to do but observe the next move of the market #美联储回购协议计划