路遥 | Trader|Dec 14, 2025 15:36
No matter what, as long as Bitcoin's price doesn't break above the daily resistance zone at $94,000,
I'm still firmly bearish on the mid-term trend.
Currently, the key short-to-mid-term resistance point is right here, while the key mid-term resistance point is around the $107,000 level.
In a downtrend, it's all about whether resistance can be effectively broken to determine a trend reversal.
Of course, this also depends on the timeframe level.
For this wave of decline, I'm still firmly optimistic about the $70,000 level. It's not an exact price but rather a support-resistance price zone.
Moreover, for a mid-term wave trend to fully decline, it needs to completely release bearish momentum and go through a bottom-building consolidation phase for a future trend reversal.
The downtrend is far from over.
Thinking about "buying the dip"?
Just be patient and wait~
Spent the whole day at the wildlife park with the kid today, so I only reviewed the market in the evening.
Honestly, with the current market, spending half an hour in the morning reading news and another half an hour looking at the charts is enough. If you're feeling ambitious, add another hour.
In the evening, do the same, and you'll pretty much cover the day's situation.
I also recommend everyone to enjoy life more, step away from the market occasionally, and live each day to the fullest
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