#Gate广场圣诞送温暖

Bitcoin showed strong upward momentum during the early hours, with the price starting from the 86624 level. After a sustained rise, it broke through the 90000 mark, reaching a high of 90357. Entering the morning session, the bullish momentum remained, and the market surged again to the 90620 level, refreshing the intraday high. Currently, the price continues to hover near the upper Bollinger Band, reflecting the tension of the resistance area above while relying on the ascending trendline below for solid support. The core contradiction in the current market is clearly focused on the stability of the 90000 level, which will directly determine the direction of future trends and provide investors with a clear operational anchor point. If Bitcoin can stabilize above 90000 at the close, it means that this level has successfully transformed from a resistance level to a support level, and the short-term upward momentum is likely to continue. At this time, one can follow the trend to go long, with the first target zone looking directly at 91500-92000. From the current volume performance, if the bulls can maintain their current offensive pace, the probability of reaching this target zone is relatively high. Conversely, if the price repeatedly tests the 90000 level and fails to stabilize, showing obvious signs of a retreat, it indicates that the resistance above exceeds the bulls' capacity, and the current high has formed a phase pressure point, becoming an ideal entry point for short positions. One can grasp the opportunity to layout short positions on the pullback, with the first target looking at the 88000 level, which is an important consolidation platform during the previous upward process, possessing certain support strength. If it subsequently breaks below the 88000 support, the second target can be further looked at around 87200, which is close to the key starting point of this upward trend and has strong technical support.