$BTC Today's Market Analysis:
Yesterday, BTC continued to decline, breaking below the support around 88k in one go and temporarily stopping around 85k. Now we need to observe the strength of the rebound; is there a possibility of forming a short-term bottom here?
From the short-term trend, a rebound starting at 85k is a good sign, but we need to observe whether the rebound can sustain. The first resistance level upwards is around 88k; only by regaining above 88k will there be a possibility of strengthening again and forming a decent bottom.
BTCUSDT
Perp
86,313.3
-1.22%