The 4-hour MA144 and MA169 moving averages form a strong resistance zone above, and the price has not been able to effectively break through the moving average resistance. The rebound is weak, and although the MACD indicator's momentum has slightly diminished, the overall pattern remains unchanged. This rebound appears more like a weak correction.
Personal suggestion, for reference only (strictly set stop-loss) Around 87,800 for support, see 88,600 for a rebound, target 86,300, 85,000$BTC
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The 4-hour MA144 and MA169 moving averages form a strong resistance zone above, and the price has not been able to effectively break through the moving average resistance. The rebound is weak, and although the MACD indicator's momentum has slightly diminished, the overall pattern remains unchanged. This rebound appears more like a weak correction.
Personal suggestion, for reference only (strictly set stop-loss)
Around 87,800 for support, see 88,600 for a rebound, target 86,300, 85,000$BTC