#美联储回购协议计划 As of 10:00 AM on December 27, Bitcoin price is stuck around $87,000, and the situation is somewhat passive — in the short term, it’s oscillating within the $85,000 to $90,000 range, with the bears slightly in the lead.

**Technical Outlook**

The 4-hour upward channel has been broken, returning to a consolidation mode. The 20-day moving average is at $88,931, with the price currently below it. The ADX indicator is only in the twenties, showing no clear trend signals, and the bearish (-DI) still slightly exceeds the bullish (+DI).

More concerning is the obvious bearish rising wedge on the 4-hour chart, which often ends with a downward breakout, so caution is advised.

**Sentiment is a bit cold**

The Fear and Greed Index is only at 23, indicating extreme fear. Options expiration just passed, and the market is now watching, with little aggressive sentiment.

**Key Price Levels**

Looking down: $86,890 (4-hour long lower shadow) → $85,000 (options heavy trading zone) → $82,000 (strong support)

Looking up: $89,000–$90,000 (most accumulated positions) → $90,500–$91,000 (previous high) → $96,000 (maximum pain point)

**Indicator Overview**

The moving average system is relatively weak, with clear pressure below the 20-day MA; the weekly mid-term trend remains weak. The MACD histogram has turned negative, with the fast line below zero, indicating selling pressure persists and rebound momentum is insufficient. RSI is in the neutral zone of 40–50, neither overbought nor oversold, with unclear reversal signals.

Weekend trading is light; to open new space, either volume breaks through $89,000 or drops below $86,000. Small fluctuations alone won’t create much excitement.

**Actionable Trading Ideas**

If it rebounds to the $88,800–$89,000 zone, consider shorting with a stop at $90,400, targeting around $86,500 (lower end of the range).

For longs, a test of $86,200 can be considered, adding positions at $85,500, keeping the average below $86,000, with a stop below $84,500 and take profit at $88,500.

Position management is crucial: weekend volatility is limited, so enter in small batches, with no more than 10% of total funds per position, and set proper stop-losses.

**Breakout Trigger Points**

Upward: Break above $90,000 with volume, first target $91,000, further aiming at $96,000.

Downward: Break below $85,000, beware, with subsequent support at $82,000; if it drops further, look at the November low of $80,500.