Looking at the technicals, the logic is clearer: BTC's daily candle needs to close above $90,588 (the red descending trendline) to confirm the start of a rebound. If BTC keeps getting rejected, there’s a good chance we’ll see another leg down in the short term. During this pullback, BTC has already tried to break above the descending trendline twice—once on October 26th and again on December 3rd—but both attempts failed. The first two pushes were still some distance away from the trendline, but this time, the price is right at the doorstep. In fact, yesterday’s high briefly broke above $90,588 before pulling back again. Let’s see if institutions return after the holidays next week and liquidity picks up—maybe we’ll finally get that clean breakout. If BTC can close above, odds are high we’ll see a solid relief rally. ------------------------------------------------- Bitget VIP: Lower fees, bigger perks.