As of 2025-12-29 12:00 (UTC+8), BTC is currently around $87,600, with intra-day narrow fluctuations and low trading volume. It shows a daily bearish alignment and a four-hour range-bound pattern, with low liquidity at year-end increasing the risk of "spikes."

Key Indicator Overview

• Daily Chart: Price below the 20/50/100-day moving averages, with moving averages in a bearish arrangement; MACD shows a death cross, indicating weak momentum; RSI around 42 (neutral to bearish); Bollinger Bands are narrowing, indicating low volatility.

• 4-Hour Chart: Short-term consolidation, MACD shows a bullish crossover at low levels but with weak momentum; middle Bollinger Band at 87,800 and upper band at 88,500 act as resistance, lower band at 86,800 provides support.

• Trading Volume: Approximately 1.7 billion USDT in 24 hours, insufficient volume to support a trend breakout.

Key Price Levels (USD)

• Resistance: 88,500-89,000 (4h upper band + 20-day MA) → 90,000-91,000 (recent dense trading zone) → 92,900 (50-day MA).

• Support: 86,800 (4h lower band + pivot point) → 85,000 (psychological level) → 80,000 (strong support, tested multiple times).

Trading Strategies

• Short-term (Intraday): Short positions near 88,500-89,000 on resistance with tight stops at 89,500, targets at 87,500-87,000; consider long positions on pullbacks to 86,800 with stops at 86,300, targets at 88,000-88,500.

• Swing Trading: Wait for volume breakout above 89,000; if volume confirms and price stabilizes above 90,000, look for longs targeting 92,900; if it drops below 86,000, be cautious of further decline to 85,000, consider waiting or small short positions.

• Risk Management: Do not allocate more than 10% of capital to a single position, strictly set stop-losses. Year-end low liquidity warrants avoiding overnight heavy positions.

Market Highlights

• Capital Flow: Crypto ETFs continue to outflow, spot market funds remain weak, limiting upward potential.

• Sentiment: Year-end fund repatriation and cautious market sentiment, awaiting new catalysts.