#数字资产市场洞察 $BTC's current momentum is quite unsteady. The price is stuck around $86,666.5, fluctuating between $85,266.6 and $90,303.0 within 24 hours, with obvious downward pressure.

Just look at the moving averages — the 7-day moving average is at $86,634.3, the 25-day at $87,568.2, and the 99-day even higher at $90,086.2. The price has already broken below the short-term 7-day MA, and the medium- and long-term 25-day and 99-day MAs are overhead, forming a clear resistance pattern. The bears are fully in control.

Volume is quite interesting. The current volume is only 115,473 contracts, significantly lower than the 5-day and 10-day moving averages. This indicates that although the price is falling, it’s not panic selling; instead, it appears somewhat weak — selling pressure exists, but not urgently.

After testing $85,111.1, there was a slight rebound, but it failed to break through the resistance of the moving averages above. The key now is whether the $87,000 level can hold. If it doesn’t, a test of the $85,000 support level is likely. Conversely, if the support holds, a phase of sideways correction may occur.