BTCUSDT.P - December 26, 2025Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PmiljedtothemoonThe dominant structure is still bearish on this timeframe, with the latest rally stalling into a well-defined resistance band around 88,530–88,900 that previously acted as a reaction high. The retracement levels near 88,535–88,902 form a cluster for staggered short limit entries, with risk clearly defined above the stop region around 89,550. As long as price remains capped beneath this upper zone and continues to post lower highs intraday, momentum favors continuation to the downside toward the highlighted support and profit area near 87,400.