12.28 Sunday Midday Bitcoin Silk Road

Unsurprisingly, the weekend has entered a sideways consolidation phase, with no significant market movement. Looking at the four-hour chart, after dipping near 86,600 on the previous day, it quickly rebounded, indicating a solid bottom and strong support. Currently, the market is stabilizing. Technically, the KDJ indicator is showing an upward turn, while the momentum is clearly weakening.

Personal suggestion, for reference only (strictly set defensive measures):
Bitcoin can fluctuate around 87,000-86,500, with targets of 89,000-90,000.