BTC market analysis and short-term guidance

Daily perspective: In the previous trading day, BTC closed with a doji candlestick, and today it opened with a rebound. The Bollinger Bands are slightly opened, and the short-term moving averages are turning upwards. The MACD fast and slow lines have crossed upwards, the volume bars are decreasing, and the KDJ indicator is moving upwards again. Attention should be paid to the resistance around the 100 level, and the VR indicator is consolidating around the 90 level.

4-hour perspective: In the early morning, the price rebounded after testing the trend line, breaking through the EMA200 and the middle Bollinger band. It is currently retracing to test the middle band and EMA200. The Bollinger bands are slightly narrowing upwards, the MACD fast and slow lines show signs of turning upwards, the volume bars are decreasing, the KDJ has a golden cross pointing upwards, and the VR indicator is consolidating around the 120 level.

Operational idea: The current market is fluctuating, with key points not broken above and below. In the short-term, operations can be conducted within the existing range. If there is a breakout upwards, pay attention to resistance below 89000; if there is a breakout downwards, keep an eye on support above 85000.
Evening short-term suggestion, short position on BTC in the range of 88200-88700, protect against 89000, with Ethereum in sync. #BTC