As of 2025-12-20 13:00 (UTC+8), the current BTC price is approximately 87,200 USDT. The short-term trend is leaning towards a rebound correction, but the daily chart remains in a weak pattern, with bulls and bears focusing on key support and resistance levels.

Core Technical Aspects

• Daily Chart: Bearish arrangement, MACD death cross, green bars not shrinking; RSI≈36, entering oversold territory, selling pressure may ease but the trend remains unchanged.

• Hourly Chart: RSI has exited oversold (≈54), MACD green bars are shrinking, a golden cross is expected, indicating short-term rebound momentum.

• Weekly Chart: This week’s decline is about 12%, after oversold conditions, a technical rebound is needed, but the overall trend remains weak.

Key Levels (USDT)

• Support: 85,300 (strong support, if broken look at 84,000), 86,500 (short-term rebound defense).

• Resistance: 88,450 (first resistance), 89,500 (second resistance), 90,000 (psychological barrier, a breakout would turn the trend stronger).

Trading Strategies (Two Scenarios)

• Short-term Long (Stabilize and Rebound)

◦ Entry: 87,000-87,500 zone, enter after stabilization.

◦ Stop Loss: Below 86,500 (break invalidates the rebound).

◦ Take Profit: First target at 88,450, then at 89,500, take profits in stages.

• Bearish Continuation (Breakdown and Downtrend)

◦ Entry: Break below 85,300 with increased volume, chase short when rebound is weak.

◦ Stop Loss: Above 86,000.

◦ Target: 84,000, then watch the 80,000 level.

Position and Risk Management

• Total position ≤30%, mainly short-term trades, with strict stop-loss to avoid holding through losses.

• Prioritize volume confirmation: rebounds require increased volume, otherwise false breakouts are likely; increased volume on declines indicates stronger continuation.