Current core long-short dividing line and key price levels
The current market is mainly playing around a narrow range, and the following are key price levels confirmed by multiple sources:
Upper resistance level
· $90,000: This is the most important psychological and technical resistance level in recent times. Bitcoin has tested it multiple times but has failed to break through effectively.
Lower support level
· $86,500 - $87,000: This is the current core support area. On the evening of December 26, the price briefly fell below $87,000.
· $84,000 - $84,450: If the core support is broken, this area will become the next key support.
Going long The market is accumulating energy near the key support level ($86,500-$87,000), and once it breaks the $90,000 resistance, it may open a new upward trend.
· Potential targets:
· After breaking $90,000, the short-term target can be seen at $94,500.
· If it can maintain stability, the next major target points to $100,000.
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Going short
· Core logic: Believing that the $90,000 resistance is strong.
· Potential targets:
· After breaking the $86,500 support, it may test the $84,000-$84,500 area.
· If it further weakens, it may drop to around $80,000.
Long position reference thought
Aggressive strategy: Consider taking a small position when the price revisits around $87,000 and shows signs of stabilization. Stop-loss should be set below $86,300.
· Conservative strategy: Wait for the price to clearly break and stabilize above $90,000, then stop-loss can be set below the entry point (e.g., below $89,000).
Short position reference thought
· Aggressive strategy: If the price rebounds to the $89,000-$89,500 area and shows weakness, consider taking a small position. Stop-loss can be set above $90,200. $BTC
