#BTC Intraday Analysis
1️⃣ Structure Interpretation
Bitcoin continues to hover around $88,000 in a low-liquidity market during the year-end holiday period. Currently, the market feels like both bulls and bears are waiting for signals; prices are neither rising nor falling, fluctuating within a range. The $90,000 level above is a key resistance point, with selling pressure encountered each time it is approached, while support can be seen around $85,000.
Overall, the current market is more characterized by “consolidation and observation,” with little trend momentum.
2️⃣ Capital Flow & On-Chain