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In the afternoon, Bitcoin remains within the narrow range of 87,000-88,500, with trading volume further shrinking compared to the morning. The low liquidity characteristic is prominent during the Christmas holiday. The support at the 87,000 level remains solid, while resistance at 88,500 is evident. The bulls and bears are in a subdued tug-of-war.
Galaxy Thursday night forecast:
Around 87,700-88,200, looking towards 86,600-85,600.
Around 2,940-2,970, looking towards 2,890-2,860.