In the early morning, BTC rebounded quickly after testing the bottom line of 86458, reaching a high of 88100 before encountering resistance and falling back, currently fluctuating around 85900. From a technical perspective, the 4-hour chart continues to operate within the lower and middle bands of the Bollinger Bands, with insufficient rebound momentum and clear pressure from the middle band, entering a 'time-for-space' accumulation phase in the short term; the 1-hour chart shows a narrowing Bollinger Band, with multiple rebounds encountering resistance near the upper band and falling back. If the 88000 level cannot be effectively held, a short position may be arranged accordingly.
• Bitcoin Short Position: Arrange in the 88000-88500 range, target looking down at 84000-85000
• Bitcoin Long Position: Arrange in the 83000-83500 range, target looking up at 88000-89000
BTCUSDT
Perp
91,344.2
-1.95%
