Looking back at the afternoon market, Bitcoin stabilized at the 87800 mark. As the evening approached, Bitcoin experienced a slight increase, rising nearly 1000 points before peaking at 89000 and then correcting. The long position we set up at noon directly took profit, capturing nearly 800 points. The current price is around 88600.
From the chart, Bitcoin stabilized at the 87800 mark in the afternoon and steadily moved upwards, reaching a high of 89000 USD in the evening. Although it faced some resistance and slightly corrected, it still remained stable around 88600, indicating strong support from bullish buyers. The price has maintained a high range after the rise, showing a strong consolidation pattern. The 4-hour moving averages are displaying a bullish divergence, and both MACD and RSI indicators support a short-term bullish trend. #比特币流动性 $BTC
If it can hold above 88500 during the night, there is hope for another test of the key resistance at 89000. A breakthrough will open up the space towards the 90000-91000 range. In terms of operations, attention can be paid to stabilization opportunities in the 88300-88500 area. The overall trend remains primarily an upward fluctuation, but it is necessary to pay attention to the strength of resistance near 89000 and ensure risk control.
