BTC
Currently, from the daily level perspective, BTC, MACD golden cross, about to rise above the zero axis, the candlestick pattern shows capital support. If it can break through 90500 with increased volume, there is a chance to reach around 94000. Currently, short-term support is around 88000, and pullbacks can still be used for long positions, with strong support at 85000, which has already been tested twice. Personally, I believe there should be a decent rebound later.
On the 4-hour chart, breaking through around 88500, MACD golden cross, and the upward momentum continues. Long positions can be taken on pullbacks to 88000, with additional buys at 87000, and stop loss at 86000, with a short-term target around 90500.
On the 3-day chart, MACD golden cross upward, the candlestick pattern shows capital entering the market for support, with medium-term rebound demand; pullbacks can still be used for long positions. However, on the larger time frame, the trend is still downward, and resistance levels for rebounds continue to be used for short positions.
Recently, there has been an invisible force pushing,
BTC still has a rebound wave to come, those shorting should be cautious.
