Sunday Midday BTC Analysis

Currently, BTC’s price remains confined within a narrow range. Although there has been a rebound from recent lows, the market as a whole lacks clear directional conviction. The price continues to test and is restrained by the well-recognized key resistance zone between 93,000 and 94,000. This area is not only a major resistance from the previous downtrend, but is also believed to hold a dense cluster of institutional liquidity (short positions) above it, making a breakout extremely challenging. The key support below is concentrated in the 88,000 to 91,000 range.

The following development paths are possible:

If there is an upward breakout: Should BTC break through and hold above 94,000 or even 95,000 with significant volume, it may confirm a reversal of the downtrend, opening up psychological levels at 100,000 and possibly even higher targets such as the 120,000-128,000 range.

Alternatively, if there is a downward breakdown: If the critical support at 88,000 is breached, the correction may deepen, with prices potentially testing 85,000 or even the 78,000-80,000 support area.

Before a major catalyst appears, such as a clear policy signal from the Federal Reserve, the market may also continue the current narrow-range oscillation, with ongoing consolidation and position rotation within the 88,000 to 94,000 range. $BTC $ETH #十二月降息预测