Is there still a market before the Spring Festival? Analysis of Bitcoin support and highs

From my subjective perspective, there is still a possibility of a market surge before the Spring Festival. The liquidity and sentiment may drive the market to experience a spike in mid to late January.

Expected Highs

I believe that Bitcoin's peak is likely to occur around January 25, with a price target around $120,000. This is a key node where market sentiment and technical factors resonate, and it is worth paying attention to.

Key Support Levels

The current key support level for the Bitcoin cycle is in the range of $82,000 to $85,000. If this support is broken, it may lead to a significant adjustment, but as long as it holds, the probability of continuing to surge still exists.

Summary

The market before the festival is worth looking forward to, but one should also be aware of the potential correction risk after emotions become overheated. Plan your trading strategy in advance, and be ready to take profits or adjust positions at any time.