2025-12-29 19:21:01

December 30 Market Observation

Yesterday, the US stock market's S&P index hit the limit down, affecting early trading in cryptocurrencies, with Bitcoin quickly dropping from the 90,000 level to around 86,000. This price level is interesting—every time it drops here, it tends to rebound and move higher, which has been validated multiple times.

From yesterday's trend, after receiving buy orders around 86,000, no new lows appeared, indicating that the support here is still strong.

From a trading perspective, you might consider gradually building long positions in the range of 86,600 to 87,200, with a stop loss below 86,000. If it breaks through 87,200, the upward target points to the 91,000 region. This logic is based on recent repeated validations and technical structural support.

BTC1,4%

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GameFiCritic

· 12-29 21:23

The 86,000 level... is indeed quite tough, but we need to look at more data to see how strong the support is. The idea of deploying in phases is okay, but I'm worried it might just be a false breakout to trap stop-losses.

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CrossChainBreather

· 12-29 19:48

Is this support level at 86,000 coming again? I bet this wave will definitely rebound. I always play like this.

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GateUser-9ad11037

· 12-29 19:46

86000 is really the key level; it always rebounds each time, it feels like it's become a pattern, haha.

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MEVHunterWang

· 12-29 19:41

86000 is not the first time hitting this level, indicating there is indeed some substance. Every time it rebounds, the data is right there. If 87200 breaks, then aim for 91000. Let's proceed with this approach.

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mev_me_maybe

· 12-29 19:37

The 86,000 support level has indeed seen a few rebounds, but this time the atmosphere feels different...

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FlatTax

· 12-29 19:32

Has it dropped back to 86,000? Is this really the bottom this time, or are they just trying to trick me into buying the dip again... How many times has it rebounded from 86,000? It feels like they say the same thing every time, but what’s the result? If it can't break 87,200, just get off directly. Don't stubbornly hold on.

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