$BTC 90000 Can the 90000 mark hold? The 90000 mark is in crisis! Is tonight a life-or-death line or a golden pit?

The current coin price is around 91125, stuck at the lower Bollinger Band near 91130. I think this position is quite critical, it serves as a short-term support, but don't expect it to be very strong. There is considerable upward pressure, with the 7-day moving average around 91494 and the 30-day moving average at 92077, all pressing from above, making it difficult to rebound.

From the indicators, the RSI has dropped below 30, indicating that selling has been a bit aggressive in the short term. Technically, a rebound is due, but I feel the market sentiment is still weak. The MACD is still below the zero axis, and the overall trend is downward; however, the green bars are shortening, suggesting that the downward momentum may ease temporarily.

I personally believe that the 90000 integer mark should hold today or tomorrow. It is now more likely to oscillate between 90000 and 92000, forming a base. The probability of breaking below 90000 directly is low, but it is also unrealistic to expect an immediate rise. You need to be a bit patient; the market may be quite grinding. The key is to see if the price can stabilize above 91100; if this level is broken, then be careful of testing 90000.

I estimate that the short-term trend will mainly be oscillation, don't expect any big movements, just keep an eye on the support level.

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