Last night, Bitcoin quickly rebounded after touching a low of $86,300, and is now back around $87,400, indicating strong bullish support in this area. From a technical perspective, the 4-hour chart shows the price has stabilized above the short-term moving average, and both RSI and MACD indicators are showing signs of recovery and strengthening, suggesting a stabilization and upward trend in the short term.
Currently, the main resistance levels are in the $88,000-$88,200 range. A volume-supported breakout above this zone could further open up upside potential, with targets around $89,000-$89,500. Traders may consider short-term long opportunities if the price stabilizes above $87,200, but should remain cautious of a potential return to consolidation if the price drops below $86,800 again. #2025Gate年度账单 $BTC
Overall, the market has shown positive rebound momentum after a rapid decline, but the sustainability of the subsequent rally still depends on trading volume and the synchronized transmission of macro market sentiment.
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Last night, Bitcoin quickly rebounded after touching a low of $86,300, and is now back around $87,400, indicating strong bullish support in this area. From a technical perspective, the 4-hour chart shows the price has stabilized above the short-term moving average, and both RSI and MACD indicators are showing signs of recovery and strengthening, suggesting a stabilization and upward trend in the short term.
Currently, the main resistance levels are in the $88,000-$88,200 range. A volume-supported breakout above this zone could further open up upside potential, with targets around $89,000-$89,500. Traders may consider short-term long opportunities if the price stabilizes above $87,200, but should remain cautious of a potential return to consolidation if the price drops below $86,800 again. #2025Gate年度账单 $BTC
Overall, the market has shown positive rebound momentum after a rapid decline, but the sustainability of the subsequent rally still depends on trading volume and the synchronized transmission of macro market sentiment.