Bitcoin

The train for 2025 has already arrived, and the 2026 train is about to depart. Have you given yourself a satisfactory answer this year?

Bitcoin has been maintaining a lukewarm state in recent days, experiencing a decline for a month and a half, followed by a month and a half of volatility. Now, no one dares to confirm whether the bull market is still ongoing. There was good news before, and we are still in the Federal Reserve's rate cut cycle. Geopolitical conflicts have not been resolved, so the upcoming 2026 still fills me with confidence.

Yesterday's break-even long position seemed wise, but was a bit foolish in the face of the market. The target of 89,000 was successfully reached, but the position in hand couldn't be held. Truly heartbreaking.

From a technical perspective, on the 1-hour chart, after a rally, the pullback did not break below the middle band of the Bollinger Bands. After touching the middle band, it rebounded again. Now, the key is whether the rebound can break the high of last night. If not, it will continue to oscillate, and after rebounding to a high level, it will go 🈳 again. Focus on around 89,000.