As of December 15, 2025, 13:20 (Beijing time), BTC is showing a bearish dominant weak downward trend, currently reported at approximately 88,200 USD, with a daily decline of about 2.2%, and a low of 87,967.8 USD, with over 270 million USD liquidated in the last 24 hours, indicating a high proportion of long positions.

1. Core Prices and Key Levels

• Real-time Price: ≈88,200 USD; Daily Highs and Lows: 87,967-90,400 USD

• Key Support: 88,000 USD (if broken, look to 85,000 USD); Key Resistance: 90,000-90,400 USD (including CME futures gap)

2. Technical Overview

• Daily: Three consecutive bearish candles breaking previous lows, forming a descending N-shaped structure, moving averages in a bearish arrangement

• 4-hour: MACD crossing below the zero line, increasing bearish momentum; RSI oversold, short-term may have a weak rebound but difficult to change the downward trend

3. Driving Forces and Judgments

• Main Reasons: The cooling expectation of interest rate cuts by the Federal Reserve, institutions lowering target prices, and weakening buying power from large holders, leading to selling pressure and long position liquidations

• Short-term Judgment: If the 88,000 USD support is broken, it may accelerate downward to 85,000 USD; if the rebound fails to hold above 90,000 USD, the main strategy remains short-selling

4. Operations and Risk Warning

• Short-term: If it rebounds to 90,000-90,400 USD, a light short position can be attempted, stop loss at 92,000 USD, target below 88,000 USD; currently, it is not recommended to blindly catch the bottom

• Risks: Increased volatility, contracts need strict control of positions and stop losses; the above is market analysis,