Looking back at the market, Bitcoin didn't have much fluctuation overnight. The previous low was not broken, and there was a minor rebound at a smaller level. Currently, it is consolidating at the 4-hour level, so today we should pay attention to the top and bottom of the consolidation zone. If it goes up, watch the top of the consolidation zone at 948, and if it goes down, the bottom is at 935. If the top and bottom can't be broken, there will be wide fluctuations at a smaller level. The daily MACD for Bitcoin has already fallen below the 0 line, and the 3-day line is about to form a death cross. Many people are starting to look for a pullback, so pay attention to the bottom of the consolidation zone; if it breaks, a new wave of decline will begin. Those looking to short can choose other coins for a rebound short.
Today's market analysis
📌 Bitcoin's rebound today should focus on the 948 level. If it can't hold above this level, it may continue to retest. The key support below to watch is at 93445; if it doesn't break, it will still rebound. If it breaks, pay attention to the support levels around 92720-91620-90455! Today, only if it stabilizes above 94800 will the market continue to rise. The resistance levels above to watch are around 95666-96450-97300.
📌 The first support level provided by Auntie last night has broken, and it has now fallen back to the bottom of the consolidation zone. Today, pay attention to the 1813 level; only if it stabilizes above this level can the smaller level move upwards. Then watch the top of the consolidation zone at 1830; if it can't break through, it will retest. If it breaks, pay attention to the resistance levels around 1848-1872! If it cannot hold above 1813 at the 1-2 hour level today, then pay attention to the bottom of the consolidation zone at 1791; if it doesn't break, it will rebound, and if it breaks, then watch the levels around 1780-1762-1730.