BTC fell to around 85,000 today, has it stabilized?
1) On the order book, the amount of buy orders is small, and there have not been any large buy orders;
2) Four hours: the price dropped to the Fibonacci downward channel at 0.236, which is not a strong attraction zone; the bullish momentum is weak, although two lower shadow candlesticks have appeared, but at most it will struggle to rebound a bit;
3) Daily: still in a downward trend;
It is estimated that a rebound will occur only when it falls to around 80,000.
