As of 2025-12-16 20:50 (Beijing time), the BTC price is approximately 85800 USD, with a 24-hour decline of about 4.5%. Overall, it presents a bearish trend dominated by bears, having fallen below the key level of 86000 during the day, with low volatility in the evening.

Key Levels

• Support: 85000-85500 (strong support at 85000); if broken, look for 82000-83000.

• Resistance: 87000-87500; strong resistance at 89000-90000 (EMA15 resonates with the previous neckline).

Multi-Period Technical Analysis

• Daily: Continuous downward trend, breaking below EMA7/30/120 moving averages, losing the lower Bollinger Band, MACD dead cross with bearish divergence, RSI < 45, strong bearish momentum.

• 4-Hour: Price is at the lower band, MA5/MA10 dead cross, RSI oversold (< 30) with rebound expectations, but insufficient volume, MACD continues bearish below zero axis.

• 1-Hour: Low position with no clear turning point, weak rebound, primarily focusing on shorting high rebounds, caution is advised for shorting.

Evening Trend Judgment

It is highly likely to experience weak low volatility, first observing the effectiveness of the 85000 support; if it breaks below 85000, it may accelerate to 82000; if it rebounds above 87500, it may briefly reach 89000, but overall bearish sentiment remains unchanged, with limited rebound space.

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