Bitcoin showed a high open and low close trend on the weekly chart on December 30, which affected the nerves of the overall market. From multiple time dimensions, the current trend requires close attention.

On the daily chart, the 2-day moving average has consistently been suppressed by the 288 line and has yet to break through and stabilize, setting a ceiling for short-term rebounds. Regarding the 12-hour cycle, the rebound to the EMA60 line has difficulty stabilizing effectively, indicating limited upward momentum. The 8-hour level is also under pressure, with obvious signs of weak rebounds. Looking downward, the MACD indicators on the 2-hour, 3-hour, and 4-hour charts have not yet shown downward signals, leaving some room for operation. A significant pit appears on the 30-minute chart, while the 15-minute chart shows bottom characteristics.

In terms of resistance levels, the key points to break through upward are 87920, 88480, 89288, and 90320. Support levels are at 86807, 86201, 85469, and 84689.

From market sentiment, the BTC long-short ratio reaches 2.72, and the fear index reports 29, indicating that the overall atmosphere is not overly pessimistic. However, there is an old trading adage—"Don’t act without a pattern, don’t open a position without a stop-loss," which is especially important in volatile markets. All analyses are for reference only and do not constitute any investment advice.