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Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC
🎄 Holiday Market Analysis: Breakout from the Range, Bulls Attempting to Return
Latest Situation:
Breakout Confirmation: Compared to yesterday’s “dead water ripple,” BTC finally chose a direction during today’s Asian trading session, with a volume breakout of the strong resistance zone at 88,000 - 88,200. It is now stabilizing around 88,600.
Holiday Effect: Today is Boxing Day, and although markets in the UK, Australia, and Hong Kong remain closed, some European and US (futures) markets are beginning to reopen. Liquidity has recovered compared to yesterday, and this rally is part of a “post-holiday rebound.”
Key Battle: The current focus is on 88,000. Yesterday it was the ceiling; today it has become the floor (top-bottom reversal). As long as the US stock market does not fall back below 88,000 tonight, the bulls will once again challenge the 89,500 - 90,500 region.