Based on the current market analysis, Bitcoin shows a slight rebound but remains under overall pressure with a volatile pattern. The daily chart has recovered after touching the lower Bollinger Band, but resistance above is evident. The Bollinger Bands' three lines are flattening, indicating weakening trend momentum; the 4-hour chart is still constrained by the middle Bollinger Band, and attention should be paid to the breakout around $89,000. If the price cannot stabilize effectively, it will likely continue to fluctuate within a range in the short term.
From a short-term technical perspective, the market shows signs of a mild rebound. The 1-hour KDJ has formed a golden cross above 50, RSI is at 48.9 indicating a neutral to slightly bullish state, and MACD has formed a golden cross below the zero line but with weak momentum, suggesting limited rebound strength. The current price is gradually testing upward with limited pullback, and overall, it is in a consolidation phase of bullish and bearish battles. #BTC行情分析 $BTC
For trading strategies, it is recommended to adopt a light position and short-term approach, locking in profits with quick entries and exits. Bitcoin can be considered for light long positions in the $86,500-$87,000 range, targeting around $88,500; Ethereum can consider staggered long positions in the $2,900-$2,930 area, with a short-term target of $3,000. Strict stop-loss orders should be set; if the price breaks below key support or rebounds weaken, exit promptly.
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Based on the current market analysis, Bitcoin shows a slight rebound but remains under overall pressure with a volatile pattern. The daily chart has recovered after touching the lower Bollinger Band, but resistance above is evident. The Bollinger Bands' three lines are flattening, indicating weakening trend momentum; the 4-hour chart is still constrained by the middle Bollinger Band, and attention should be paid to the breakout around $89,000. If the price cannot stabilize effectively, it will likely continue to fluctuate within a range in the short term.
From a short-term technical perspective, the market shows signs of a mild rebound. The 1-hour KDJ has formed a golden cross above 50, RSI is at 48.9 indicating a neutral to slightly bullish state, and MACD has formed a golden cross below the zero line but with weak momentum, suggesting limited rebound strength. The current price is gradually testing upward with limited pullback, and overall, it is in a consolidation phase of bullish and bearish battles. #BTC行情分析 $BTC
For trading strategies, it is recommended to adopt a light position and short-term approach, locking in profits with quick entries and exits. Bitcoin can be considered for light long positions in the $86,500-$87,000 range, targeting around $88,500; Ethereum can consider staggered long positions in the $2,900-$2,930 area, with a short-term target of $3,000. Strict stop-loss orders should be set; if the price breaks below key support or rebounds weaken, exit promptly.