BTC formed a Doji bullish line this morning, with both the bottom and top of the daily chart rising, indicating an overall bullish trend. On the hourly chart, EMA 20, 60, and 120 show a bullish arrangement, and the highs and lows are gradually increasing. The MACD remains above the zero line, but a death cross in the short term could bring a pullback.
(1) The weekend market is consolidating, with BTC gradually rising and pressure increasing. 92000-93400 is a key strong resistance zone; consider shorting when approaching this area, setting a stop loss above 93400.
(2) As long as BTC does not break through 92000, support remains in the 89200-88800 range, and short-term longs can be considered after a pullback to support. If it falls below 88000, this round of rebound may end, and the next wave of decline will begin.
(3) On the four-hour chart, the MACD has broken through the zero line, showing the early signs of an upward trend, but the EMA has not yet formed a bullish arrangement, and the bull market still needs further confirmation.
BTCUSDT
Perp
90,383.2
-2.08%
ETHUSDT
Perp
3,090.05
-4.82%