12.24 BTC Afternoon Market Forecast and Analysis

1. Key Level Updates

- Resistance: 87300-87500 (Intraday rebound resistance level, consolidation platform during previous pullback), 87800 (Intraday high + short-term trend resistance)
- Support: 86800-87000 (Near intraday low, oversold rebound starting point), 86500

2. Afternoon Trend Judgment

1. Maintain weak oscillation within the 86900-87400 range, with insufficient rebound momentum. After spiking to 87798 in the early session, it quickly retreated. At noon, it rebounded from 86800 oversold but with low volume. The bulls are only driven by short-term bottom-fishing funds. Attempts to push to 87300-87500 will face resistance again, testing the validity of the 87000 support.
2. If volume breaks through 87500, a short-term rebound to test the 87800 intraday high is possible, but it will be difficult to stabilize. If it falls below the 86800 intraday low, it will quickly drop to 86500. A break below that could see a move to 86200-86000.

3. Trading Strategies

- Long positions: 86400-86900 with light positions, stop loss at 86500, take profit at 87400-87800
- Short positions: 87400-87800 with light positions, stop loss at 88000, take profit at 86900-86400