The current core focus of the Bitcoin community is on four major dimensions: the transmission effects of Federal Reserve policies on the crypto market, the struggle for key technical levels, market sentiment games, and the long-term value disputes triggered by regulatory dynamics.

1. Technical Bull-Bear Struggle: Key Levels as Short-term Indicators

Core Support and Resistance Contest

Bullish Defense Line: $83,000 (key stop-loss point), $86,000 (institutional accumulation zone), $89,300 (M head and shoulder neckline) are commonly seen as short-term lifelines. A fall below may trigger a deep correction to below $80,000.

Bearish Fortress: $91,800 - $92,700 (strong daily resistance), $94,000 (historical accumulation zone) has become a breakthrough difficulty, with multiple attempts to push higher validating the effectiveness of resistance.

Volatility Strategy: Grid trading in the range of $68,000 - $104,000 is recommended to avoid directional risks, especially suitable for spot holders.

Pattern and Cycle Signals

The 4-hour level bottom divergence repair is incomplete, but the daily triangle convergence is nearing its end, with late December to early January predicted as a turning window.

Ethereum first broke through a similar converging structure, with some investors viewing it as a precursor to Bitcoin's breakout. #加密市场反弹