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Year-end markets always孕育 opportunities in despair, confirming directions through repeated swings. This moment is the final showdown between bulls and bears in 2025.
The time is December 30th. Bitcoin quietly broke above the critical resistance level of $89,000 yesterday and is now hovering around $89,500. As the New Year approaches, market liquidity has somewhat thinned, but the covert capital game has never stopped.
Speaking of December, Bitcoin's days have indeed been tough. Since reaching a high of $126,000 in October, it has been adjusting downward, with the deepest drop to $84,500, a monthly decline of over 30%. This most ferocious correction of the year has completely frozen market sentiment.
From a technical perspective, things are becoming interesting. The daily chart's $88,421 has become a "life gate" for short-term trends. Yesterday's close effectively broke through this level, sending a positive signal. However, true confirmation depends on today's closing performance.
The RSI indicator is now stuck at 43%, indicating that downward momentum is waning but far from strong. The pressure in the $90,000-$91,000 region is significant, and above that, there's an even tougher fortress—$98,759. Looking downward, the just-broken $88,421 has turned into support, with a defense line at the $86,000-$87,000 zone.
Ethereum is also quietly gathering strength, having re-guarded the psychological threshold of $3,000.