12.15 Evening Forecast Analysis
From the current candlestick chart, BTC has shown a bottom recovery + high-level volatility trend during the day, with a low point dipping to 87504.3 before strongly rebounding to a daily high of 89972.4. The current quote is 89732.3, maintaining a high-level volatility pattern dominated by bulls. Coupled with changes in market liquidity after the US stock market opens, evening fluctuations may further amplify.
Resistance levels: 89972 (daily high, short-term strong resistance)
90200 (round number + rebound trend extension)
90500 (phase target level of this rebound)
Support levels: 89500 (immediate pullback support after daily surge)
89000 (consolidation platform during daily rebound)
88500 (key watershed of bullish trend)
If US tech stocks and the Nasdaq rise in sync, and BTC stabilizes above 89700, it will quickly test the 89972 resistance level. After breaking through, it will aim for the 90200-90500 range. If volume continues, it may reach 91000-915000;
If the 89972 resistance level is under pressure, the price will fluctuate widely in the 89500-89972 range, digesting the daily gains before choosing a direction. This fluctuation will be accompanied by rapid surges or pullbacks;
If the US stocks weaken and drag down market sentiment, and BTC falls below the 89500 support, it will short-term adjust to the 89000-88500 range. If it breaks down, it will continue to look down to 87500.
Operational Suggestions:
Accumulate long positions in batches in the 89500-89300 range, with a stop-loss set below 88500. The first target is set at 89972-90200, and the second target is set at 90500;
If it directly breaks through 89972, take a light position to go long, with a stop-loss set below 89800, targeting 90200-90500.
For a rebound to the 90200-90400 range, take a light position to go short, with a stop-loss set above 90600. The first target is 90000-89500, and the second target is 89500-89000;
If it unexpectedly falls below 89000, take a light position to go short, with a stop-loss set above 89200, targeting 88500-87500.
Risk Warning: Market volatility intensifies after the US stock market opens, requiring strict position control to avoid heavy losses. Also, pay attention to sudden news in the cryptocurrency market and its correlation with US stock indices.
