12/17 BTC Evening Operation Analysis
In the afternoon, BTC briefly retraced, reaching the 86000-86500 threshold for buyers and receiving support for a rebound. The daily upward channel structure remains intact, and the overall bullish trend has not changed. The 1-hour RSI formed a bullish divergence in the oversold zone and returned to the midpoint, with short-term bearish momentum waning. If the subsequent volume supports it, and the price stabilizes above the 87500 resistance level, a new round of upward movement is expected, targeting around 88500, with further challenges in the 90000-92000 range.
Operation Suggestion: BTC is positioned in the 86500-87000 range
Target around 89000. $BTC
BTCUSDT
Perp
86,778.8
-0.95%