#BTC资金流动性 December 20th midday BTC market observation
Bitcoin's overall trend is currently bullish, but it is worth noting that it is approaching a key resistance level. Traders should exercise caution.
**Bullish Strategy** (Regular Position): If it stabilizes around 87,950, consider establishing a long position. Set a stop loss at 87,250 to protect against downside risk. The first target is 88,600, with further upside potential toward 89,000. If it successfully breaks through the 88,600 resistance, consider adding to the position, with the stop loss adjusted to 88,200. Keep an eye on the 89,200 to 89,500 range above.
**Bearish Strategy** (Light Short-term Position): If there is a stagnation near 88,700, you can consider short positions for the short term, but maintain a light position. Set the stop loss at 88,800, with the first support at 87,950. If it continues to break down, watch for 87,300.
$BTC is currently at the intersection of bullish and bearish zones, making its position sensitive. It is recommended to adjust strategies flexibly according to your risk tolerance.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
TopBuyerForever
· 12h ago
88600, here comes the same hurdle again. Every time, it gets stuck here. Truly incredible.
View OriginalReply0
TommyTeacher1
· 21h ago
87950 this line really blocks people, it feels like we either need to directly break through 89000 or retrace, there's no middle ground.
View OriginalReply0
GasFeeSobber
· 21h ago
87950, here we go again, still so heartbreaking
View OriginalReply0
Layer2Observer
· 21h ago
Hmm, this position is indeed a bit awkward. Let's look at the data. The range from 87950 to 88700 is technically a classic hesitation zone, with reasons for both bulls and bears. However, I am more concerned about the liquidity flow— the stagnation signal often explains the problem better than the price itself, so we need to keep observing.
View OriginalReply0
GmGnSleeper
· 21h ago
Can 88600 be broken? Feels like it's been stuck for quite a while.
View OriginalReply0
ResearchChadButBroke
· 21h ago
It's the same spot again, getting stuck here every time. So frustrating.
#BTC资金流动性 December 20th midday BTC market observation
Bitcoin's overall trend is currently bullish, but it is worth noting that it is approaching a key resistance level. Traders should exercise caution.
**Bullish Strategy** (Regular Position):
If it stabilizes around 87,950, consider establishing a long position. Set a stop loss at 87,250 to protect against downside risk. The first target is 88,600, with further upside potential toward 89,000. If it successfully breaks through the 88,600 resistance, consider adding to the position, with the stop loss adjusted to 88,200. Keep an eye on the 89,200 to 89,500 range above.
**Bearish Strategy** (Light Short-term Position):
If there is a stagnation near 88,700, you can consider short positions for the short term, but maintain a light position. Set the stop loss at 88,800, with the first support at 87,950. If it continues to break down, watch for 87,300.
$BTC is currently at the intersection of bullish and bearish zones, making its position sensitive. It is recommended to adjust strategies flexibly according to your risk tolerance.