After a surge to around $88100 early in the trading day, it began to fluctuate downward, with Bitcoin currently quoted below $86300.

Early in the morning, the Binance Square publicly provided insights, at least giving more than 1800 points, congratulations 🎉

Bitcoin: On the daily chart, after temporarily finding support at the lower Bollinger Band, the price rebounded, but the short- to medium-term moving averages above have formed a bearish arrangement, creating strong resistance.

The primary resistance above during the day is at the four-hour Bollinger Band middle line (approximately $88500) and the psychological barrier of $90000; support below needs to pay attention to the $86000 and yesterday's low of $85000 area.

Resistance above during the day is focused on $3000 (previous support turned into resistance) and $3080; support below is located around $2900 and $2840.

The domestic market is likely to continue with technical corrections and fluctuations to digest yesterday's volatility. The focus will be on short-term arrangements!

Details of some practical combat plans

The situation is uncertain; we are all dark horses; let dreams be our steeds, and do not waste our youthful years; the future is unknown, how can we willingly submit to defeat; the east has not yet risen, all beings are heroes; victory and defeat are not yet determined, we both have possibilities; in the back-and-forth struggle, success or failure depends on today. Yisheng changes destiny, participating in reversing the situation