Bitcoin has been in a weekly level adjustment since November 24th, and the bottom structure has just formed on the 12-hour chart. Now we need to see if the closing can confirm a golden cross pattern.

In the short term, the 4/6/8 hour charts are all exploring the bottom, and the 3-hour chart just bounced back to the zero axis position. Currently, there are three resistance levels above: 87186, 88500, 89422, and the support levels below to watch are 86148, 85093, and 84328.

Market sentiment is quite divided – the long-to-short ratio is at 2.00, while the fear index has dropped to 19. However, 81% of real funds are going long, yet overall network statistics are basically 50-50. When such data conflicts, it actually tests one's judgment even more.

My personal habit is to wait until the pattern is clear before taking action, and I absolutely do not touch it if the stop-loss is not set properly. After all, in this market, it is better to observe when the direction is unclear than to fumble around blindly.