Decisive Battle Between Bulls and Bears Tonight: Bitcoin is trapped in a narrow range between 87,000 and 88,500. Which side will it break?

· MACD has already shown a “red light,” can Bitcoin’s $87,000 support still hold?
Bitcoin is expected to remain in a weak range-bound oscillation tonight, with a generally bearish bias, and traders should be alert to potential volatility caused by insufficient liquidity.
Core Signals and Key Levels
· Technical Signals: The current 15-minute MACD indicator shows a bearish signal. On higher timeframes, technical indicators also indicate a “strong sell” condition, with the daily MACD in a death cross, confirming a short-term bearish trend.
· Key Levels Tonight:
· Resistance Above: The primary resistance is in the 87900-88000 zone (moving averages and previous resistance levels). Stronger resistance is at the 89000 mark.
· Support Below: The key support is at 87000 (recent lows and psychological level). If broken, further testing of the 86000-86800 range may occur.
Overall Analysis and Strategy
The MACD bearish signal combined with moving average resistance above constitutes the main pressure. Due to weaker market liquidity at year-end, prices are prone to sharp but directionless fluctuations. The main strategy tonight is to adopt a high short and low long approach within the 87000 to 88500 range, mainly taking short positions on rebounds. Close attention should be paid to the 87000 support level, which is a short-term dividing line between bulls and bears. #BTC