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With 2025 coming to an end, BTC is still repeatedly testing the resistance level in the 89,000-89,450 range, and a short-term breakout seems to require more time. From the current trend, a critical point may be reached around mid-January, and this time window is worth paying close attention to.
From a longer cycle perspective, there is an interesting pattern: Bitcoin often shows a rhythm of rising first and then falling. This round of market movement is considered to be the final wave of rally within the cycle and the last distribution phase. According to this logic, after completing the distribution in the second half of 2026, the market may face a new cycle turning point—a potentially severe bear market zone could emerge.
Of course, this is all based on the extrapolation of historical cycle patterns. The market is always full of uncertainties, so the key is to manage risks well and seize opportunities at each important node.