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12.25 Morning Review: The Air Force is smoother
Bitcoin surged from 86,500 to 88,000 and then pulled back, with resistance moving lower, and bulls losing strength. In the short term, bears are in control. The 4-hour downward structure is clear: Bollinger Bands are opening downward, the price broke the middle band and weakened along the lower band, MACD formed a death cross with increasing volume, indicating strong bearish momentum. The subsequent movement is expected to be weak consolidation or further decline.
Bitcoin suggestion: Short at 87,800-88,300 on rebound, target 86,000-85,500, hold if broken;
Second Bitcoin suggestion: Short at 2,970-2,990 on rebound, target 2,800-2,850#2025Gate年度账单