New Trends at the Start of 2025: The Bitcoin Market Stabilizes, New Highs on the Horizon! In the current market environment, we should seize the opportunity to actively replenish and increase our positions. For the investment targets we desire, now is a chance not to be missed! Reviewing Bitcoin's performance in 2024: • Lowest point: $38,555 • Highest point: $108,353 • Annual performance: Achieved a comfortable doubling of value. In January 2024, the Bitcoin market exhibited a doji candlestick pattern; in February and March, the market rose by approximately 60%. From April to July, the market experienced a process of bottoming out and recovery. Starting from August, Bitcoin embarked on a new journey, achieving a 50% increase from August to December and setting a new historical high. Performance at the beginning of 2025: • Bitcoin has shown signs of stabilizing and rebounding, with the current price around $96,000, close to the 30-day moving average, a key support level. If it can hold this position through the evening, the market is expected to welcome a new upward cycle; otherwise, it may need to continue consolidating. • Technical indicators have formed a golden cross at low levels, indicating that a rebound is imminent. Short-term four-hour analysis: • Bitcoin dipped to a low of $91,530, close to the annual line but did not break below it, and quickly rebounded. • The 7-day moving average has turned upward, crossing the 30-day moving average and is about to cross the 60-day moving average; multiple moving averages have been broken, with only the 120-day moving average ($96,390) remaining unbroken. • Technical indicators are at a relatively high level, and Bitcoin is about to break the previous high of $96,250. If it can break through and confirm, it will indicate the formation of a new trend and the opening of an upward channel; otherwise, it may continue to test the previous support level around $91,000. Key levels: • Resistance levels: $97,500, $99,500 • Support levels: $94,500, $91,500