On December 7, 2025, BTC is exhibiting a volatile recovery posture. In the short term, there is minor rebound momentum, but medium- to long-term bearish pressure remains. Core technical analysis is as follows:

1. Price and Key Levels: After the market opened, the price fluctuated around $89,136, once approaching $90,000 during the session. The 24-hour high reached $90,273.97, and the low was $89,002. The core support zone is concentrated at $88,000 - $90,000, which is not only the recent rebound starting point but also the Bitcoin production cost line. Resistance above is focused at $94,000 - $95,600; a breakout above this area is needed for a further push toward the $98,000 - $100,000 range.

2. Candlestick and Moving Averages Patterns: The daily chart is in a post-decline volatile recovery stage. The moving average system is showing a death cross and the long-term moving averages are trending downward, with the price still below the 50-day and other long-term moving averages, indicating the medium- to long-term downtrend structure remains unchanged. However, the 2-hour candlestick chart has seen consecutive bullish candles, with a bullish engulfing pattern forming near key support, giving the bulls a short-term advantage.

3. Technical Indicators and Market Sentiment: The 2-hour MACD indicates further rebound momentum, but daily-level bearish pressure has not fully dissipated. Perpetual contract funding rate is negative, indicating the market is overall bearish. The 30-day implied volatility index remains relatively high, suggesting risk of volatility still exists. Although the Fear & Greed Index has rebounded, it remains in the lower range, reflecting investor caution about the sustainability of the rebound. #成长值抽奖赢iPhone17和周边 $BTC ‌