BTC tested lower last night and then oscillated to rise, successfully reclaiming the 90,000 level and breaking through the key resistance level. Currently, it is consolidating in the middle band of the daily chart, with a heightened Bull vs Bear Battle leading to a stagnant movement. Short-term volatility is on the rise, and it is recommended to adopt a wait-and-see attitude, entering the market only after holding above the resistance zone or confirming support on a pullback.



Technical Analysis: The daily chart MACD maintains a golden cross pattern, and the red bars continue to expand; the DIF indicator is still operating below the zero axis. The hourly MACD is flattening at a high level, and momentum has somewhat weakened. In terms of the moving average system, the daily price holds above the EMA7 but is clearly suppressed by the EMA30, while the hourly moving averages are in a bullish arrangement, indicating a structurally strong short-term outlook.

Overall, it is currently oscillating below the key resistance level. If the rebound momentum is insufficient afterwards, there is a high probability of a retracement in the daily chart gains, so preparations for a high short position should be made in advance.

BTC: Short on the rebound near 92500-93300, target 91500-90000#BTC
BTC0.94%
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