Around 89000–89500 is empty, target 87000, strong support looks at 86000, break the position and follow the trend.
In the early morning, Bitcoin was directly hit by a long bearish candle, breaking through the upper 91000 range. The short-term moving averages have all turned downward, and the price is sliding close to the EMA7. The MACD momentum bars are continuously expanding, and the KDJ has dropped sharply, indicating a typical accelerating downward structure. The market is currently in a passive downward trend, with significant selling pressure from above. A short-term rebound is likely to provide a position, not an opportunity. #成长值抽奖赢iPhone17和周边 #反弹币种推荐 #Gate广场圣诞送温暖 $BTC $ETH $GT
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12.1 Morning BTC Analysis
Around 89000–89500 is empty, target 87000, strong support looks at 86000, break the position and follow the trend.
In the early morning, Bitcoin was directly hit by a long bearish candle, breaking through the upper 91000 range. The short-term moving averages have all turned downward, and the price is sliding close to the EMA7. The MACD momentum bars are continuously expanding, and the KDJ has dropped sharply, indicating a typical accelerating downward structure.
The market is currently in a passive downward trend, with significant selling pressure from above. A short-term rebound is likely to provide a position, not an opportunity. #成长值抽奖赢iPhone17和周边 #反弹币种推荐 #Gate广场圣诞送温暖 $BTC $ETH $GT