Lucilla Cat Lana
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📉 $BTC sellers are once again under pressure
Bitcoin has sharply decreased from the $90,600 area to a low of $88,687, after which it bounced back and is now trading around $89,390.
📊 What is visible on the chart:
The price is below MA(7), MA(25), and MA(99) — bearish control remains.
A sharp spike in volume on the decline — active sell-off.
The current bounce looks technical, without confirmation of a reversal.
Support: $88,600–$88,800.
Resistance: $89,900–$90,300.
📌 Conclusion:
BTC is trying to stabilize after an impulsive drop, but the trend remains weak for now. A return above $90K is needed to change sentiment.🎁🎁🎁
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
Bitcoin has sharply decreased from the $90,600 area to a low of $88,687, after which it bounced back and is now trading around $89,390.
📊 What is visible on the chart:
The price is below MA(7), MA(25), and MA(99) — bearish control remains.
A sharp spike in volume on the decline — active sell-off.
The current bounce looks technical, without confirmation of a reversal.
Support: $88,600–$88,800.
Resistance: $89,900–$90,300.
📌 Conclusion:
BTC is trying to stabilize after an impulsive drop, but the trend remains weak for now. A return above $90K is needed to change sentiment.🎁🎁🎁
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
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