BTC Morning Analysis
The short-term trend of BTC shows a fluctuating bullish characteristic, but the pressure is evident. The specific analysis is as follows:
From the chart, it can be seen that after hitting the low of 83822, the price quickly rebounded and is currently fluctuating around 86000-87500 — this aligns with the correction after the crash on December 1.
Moving Average Angle: The 7-day moving average has turned upward, and the price is temporarily above the moving average, providing some support for short-term bulls;
Trading Volume: During the rebound phase, the trading volume has expanded, but the current fluctuation period has seen a decrease in volume, indicating that there is still a divergence in funds.
Resistance Level: The chart shows that 87350.00 is a strong short-term resistance (combined with market information, 87500 is a key resistance). If it cannot break through with increased volume, a pullback is likely;
Support Level: The lower range of 86200-86500 is a short-term support. If it breaks down, it may retest the previous low near 83800.
On December 1, BTC fell more than 5%. The current rebound on the 15-minute chart belongs to a short-term oversold correction, but the overall environment remains cautious.
Short-term (15-minute level): Fluctuating bullish, but momentum is insufficient. Attention should be paid to the breakthrough situation at 87500;
Mid-term: If it cannot stabilize above 87500, there is still a risk of pullback, with the key support near 80000.
Operational Suggestion: Trade around 87000 to 86000, make adjustments $BTC #加密市场回调
