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December 30 Morning Silk Road
Last night, Bitcoin first declined then rebounded, dropping to around 86,700 before strongly stabilizing and bouncing back. It surged to the 88,100 level before entering a consolidation phase, currently hovering around 87,100 to gather strength.
The 4-hour chart signals are clear! After dropping to the lower Bollinger Band, the price quickly rebounded, establishing effective strong support at the lower band. The price has returned to the Bollinger Band range for oscillation. After breaking through the previous high resistance at 90,400, the recent pullback did not break the key support, maintaining a generally strong pattern. This morning, the strategy is confidently to retest and go long!
✅ Bitcoin: Confidently go long in the 86,500 range, targeting 87,800-88,500
⛔ Risk Control: If it unexpectedly breaks below 86,000, exit immediately to avoid risk
✅ Altcoin: Directly position in the 2,880 range, targeting 2,960-2,990
⛔ Risk Control: If it falls below the 2,850 support level, cut losses decisively and wait
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