December 22
$BTC Last night, after stabilizing around 87500, it surged strongly, reaching a peak near 89600.
From a technical structure analysis, the daily chart has recorded three consecutive bullish candles, and bullish momentum continues to accumulate, further extending the overall upward trend. Although the volume has somewhat shrunk at the four-hour level, the candlesticks are still closing bullish, and the KDJ indicator continues its upward trend after a golden cross at low levels; on the hourly chart, the bullish candlestick volume breaks through the middle track resistance, with all periodic moving averages showing a bullish arrangement. Based on the comprehensive signals from multiple periods, the current market is still dominated by bulls.
$BTC Operational Suggestions: A pullback to around 88400-87700 is suggested, with a target of 89800-92000 nearby.
