2025-12-24 12:21:05

Wednesday's market was uneventful, with Bitcoin starting to consolidate in a wedge pattern around 87,800, gradually retracing to the 86,700 area before finding support.

On the daily chart, although the bulls have decreased in volume, they left a beautiful long lower shadow, and the moving average system is still trending downward. Looking at the 4-hour and 1-hour details—bears are also beginning to reduce volume, with bullish candles rising one after another. Short-term bulls are showing signs of release, and the price is slowly pushing higher.

This rhythm is quite suitable for low-position deployment. It is still recommended to buy on dips, but choose your entry points carefully.

**Trading Ideas**:
- Look for entry points in the 86,800-86,200 range to support the bulls
- Target the 88,000-88,500 range; consider taking profits when reached
- Keep a close eye on the 85,800 level below; if broken, stop-loss immediately—don't gamble on luck

BTC1.34%

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EternalMiner

· 22h ago

86700, this damn spot, do I have to take over again...

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LiquidationHunter

· 12-24 12:51

86700 this level really held, the long lower shadow is indeed beautiful, I think there is still hope.

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RektDetective

· 12-24 12:46

Buying bread at a low point, I really don't know if 86,200 can hold...

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MoonBoi42

· 12-24 12:45

The long shadow line is really fragrant, and 86200 still has to do a little ambush there

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screenshot_gains

· 12-24 12:37

Is the 86,700 support level really that strong? Why does it still look like it's hesitating? I've heard "buy the dip" so many times, but where exactly is the dip? The long lower shadow is nice, but it could also be a trap to lure buyers. Be cautious, everyone. The resistance above 88,000 should be even stronger. Don't get your hopes up too high. Once 85,800 is broken, I'll just run. I don't believe this wave can rebound.

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ChainPoet

· 12-24 12:30

86700 is such a critical support level. If it breaks, you really have to cut losses. Don't tell me about any luck.

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GetBetter.

· 12-24 12:26

Wednesday's market was uneventful, with Bitcoin starting to form a wedge pattern around 87,800, gradually retracing to the 86,700 area before finding support. On the daily chart, although the bulls have decreased in volume, a beautiful long lower shadow remains, and the moving average system is still trending downward. Looking at the 4-hour and 1-hour details—bears are also reducing in volume, with bullish candles gradually rising, indicating signs of short-term bullishness, and the price is slowly pushing higher. This rhythm is quite suitable for low-position deployment. It is still recommended to buy on dips, but choose your entry points carefully. **Trading Ideas**: - Look for entry points in the 86,800-86,200 range to support the bulls - Target the 88,000-88,500 range, and consider taking profits once reached - Keep a close watch on the 85,800 level below; if broken, stop-loss immediately and avoid gambling on luck

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WalletDoomsDay

· 12-24 12:25

86700 is indeed interesting; a long lower shadow indicates that the bulls are speaking.

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DarkPoolWatcher