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Morning analysis on December 24th
Yesterday, the price of the coin was blocked at the 88900 line and fell back, reaching a low of 86500 during the night. Although there was an attempt to rebound, the momentum was weak, and an effective recovery could not be formed.
The overall trend has entered an adjustment phase, and it is difficult for the strong upward momentum to continue. It is expected to shift into a range-bound oscillation rhythm, with a focus on observing signals of both upward and downward breakthroughs. The short-term structure is more clearly bearish: the price has broken below the oscillation box, shifting the focus downward, and the moving average system shows a bearish trend, with the strength of the pullback continuing to weaken. The short-term direction leans towards bearishness, and close attention must be paid to the possibility of breaking through the key support below.
Operation Suggestions
The big pie rebounded to the area near 88100-88700 for a short position, with a target looking down at 86900-86400. If it breaks down, continue looking down at 85,000.
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