12.31 Evening Market Analysis:


From the market observation, Bitcoin failed to continue its upward trend after breaking through 89,000, instead pulling back for consolidation, indicating that selling pressure around this price level still exists. However, support below is also relatively clear, and the overall market is entering a phase of bullish and bearish energy accumulation, with the fluctuation range gradually narrowing. During the day, Bitcoin's price first retraced and then rose, encountering resistance at 89,400 and falling back to stabilize at 87,800. Currently, it has rebounded to 88,755, with momentum still active. The daily DooHead indicator shows increasing positive momentum, with resistance at 90,500; the 4-hour trend shows two consecutive bullish candles trending upward, and the hourly chart shows synchronized increasing upward momentum.
Operational Suggestions:
Bitcoin: Around 88,500 Doo, target 90,500
Altcoin: Around 2,950 Doo, target 3,020
BTC-0.41%
ETH-0.1%
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