Based on the current market situation, the 1-hour chart shows that after a pullback near the upper band of the Bollinger Bands, it is trending downward. The short-term technical indicators remain in a slightly bearish zone. The short-term upper resistance at around 88,000 still faces strong pressure. Due to the Christmas holiday, the white market may not experience significant volatility. If it does not break above the resistance and stabilize, it will enter a narrow range consolidation and correction phase. Therefore, our midday trading strategy is to focus on high selling and low buying around the resistance level.

Bitcoin can fluctuate around 87,500 to 88,000, with attention to 86,500. Stop-loss is set above 88,000.
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