Bitcoin sharply rebounded after dipping to $85,288 in the morning, currently back near $86,400, indicating strong support in this area. The quick V-shaped reversal suggests that the main buying interest remains active, with the hourly MACD showing a green histogram and the price above the short-term moving averages, reflecting a recovery trend.
The current key resistance zone is at 86,800-87,000. A volume-backed breakout would confirm a short-term trend reversal to bullish, with further targets potentially above 87,500. The support zone has shifted to 86,000-86,200. As long as the price remains above this area, the rebound structure is likely to continue. #BTC行情分析 $BTC
Overall, the morning correction can be seen as a technical shakeout, with the daily upward channel remaining intact. Traders may focus on opportunities to buy on dips at support levels or follow up after breaking through key resistance, but strict risk management is necessary. If the price unexpectedly falls below 85,800, a reassessment of the short-term direction is required.
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Bitcoin sharply rebounded after dipping to $85,288 in the morning, currently back near $86,400, indicating strong support in this area. The quick V-shaped reversal suggests that the main buying interest remains active, with the hourly MACD showing a green histogram and the price above the short-term moving averages, reflecting a recovery trend.
The current key resistance zone is at 86,800-87,000. A volume-backed breakout would confirm a short-term trend reversal to bullish, with further targets potentially above 87,500. The support zone has shifted to 86,000-86,200. As long as the price remains above this area, the rebound structure is likely to continue. #BTC行情分析 $BTC
Overall, the morning correction can be seen as a technical shakeout, with the daily upward channel remaining intact. Traders may focus on opportunities to buy on dips at support levels or follow up after breaking through key resistance, but strict risk management is necessary. If the price unexpectedly falls below 85,800, a reassessment of the short-term direction is required.