Currently, #Bitcoin is stabilizing and rebounding again after yesterday's "price manipulation." Although the 87,000 level on the 4-hour chart is not a technical support, the accumulated chips have already reached 800,000 coins.

The bottom is not something to wait for; it is often something to buy into. As the chips around 87,000 increase,

new chips will make the price more stable, especially as an important buffer zone, making 80,000 and 84,000 become a phased bottom.

Looking at BTC's five-year trend from 2020 to now, except for the drop after January 1, 2021, the other four years have generally seen a rally.

Referring to the "marking the boat to find the sword" pattern, currently there are no major macro negative factors. In terms of price trend, before the New Year, the price has already cleared most of the selling pressure due to the continuous decline since October 11. This January 1, we can bet on a rally.

Reviewing the current market, the 4-hour chart is showing a rebound trend. Recently, the price has been oscillating between 87,000 and the 4-hour MA200, which is currently around 89,300. This indicates that the price remains in the range of 87,000–89,300 with sideways movement.

Around January 1, pay attention to what stage the 4-hour price is in: whether it breaks above the MA200 resistance and stabilizes, or continues to fall back. Prepare for both scenarios:

1. If it continues to fall, monitor the support around 87,000. If effective support is formed and holds, especially close to January 1, it could be a good buying point.

2. If it breaks above the MA200, watch whether three 4-hour candles can stabilize. If they do and do not fall below, it indicates a trend breakout and confirmation, which can be used as a buying opportunity to wait for the market after January 1.

Currently, around 88,300 on the 4-hour chart is the MA120 resistance. Watch whether it can break through. If the current resistance cannot be broken, and the price continues to fall, then focus on the support around 87,000. Once support is established, it can be used as an early buying point.