Bitcoin sharply rebounded after dipping to $87,500 in the morning, and has now strongly recovered to around $89,700. This dip confirmed the validity of the support below, and the price has formed a clear bullish pattern at a key level, indicating strong buying momentum and a market sentiment of "buying on dips."
$BTC From a technical perspective, on the 4-hour chart, RSI has turned upward again above the 50 midline, and the MACD momentum histogram shows signs of re-expanding. Coupled with moderate volume increase, it indicates that buying pressure is recovering. The price has stabilized above the short-term moving averages, maintaining an overall upward trend. The next key resistance levels are in the $90,500 to $91,000 range. #FHE代币剧烈波动 #
In terms of trading strategy, it is recommended to maintain a bullish outlook. Hold long positions if already held, with stop-loss moved up below $88,500 to protect profits; if the price consolidates at $88,800–$89,200, consider gradually adding to long positions, with targets sequentially at $90,500 and above $91,500. Attention should be paid to profit-taking pressure at higher levels; if the price falls below $88,500, a reassessment of the short-term trend is necessary.
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Bitcoin sharply rebounded after dipping to $87,500 in the morning, and has now strongly recovered to around $89,700. This dip confirmed the validity of the support below, and the price has formed a clear bullish pattern at a key level, indicating strong buying momentum and a market sentiment of "buying on dips."
$BTC
From a technical perspective, on the 4-hour chart, RSI has turned upward again above the 50 midline, and the MACD momentum histogram shows signs of re-expanding. Coupled with moderate volume increase, it indicates that buying pressure is recovering. The price has stabilized above the short-term moving averages, maintaining an overall upward trend. The next key resistance levels are in the $90,500 to $91,000 range. #FHE代币剧烈波动 #
In terms of trading strategy, it is recommended to maintain a bullish outlook. Hold long positions if already held, with stop-loss moved up below $88,500 to protect profits; if the price consolidates at $88,800–$89,200, consider gradually adding to long positions, with targets sequentially at $90,500 and above $91,500. Attention should be paid to profit-taking pressure at higher levels; if the price falls below $88,500, a reassessment of the short-term trend is necessary.