$BTC

Analysis within 3.27 days

The hourly level is in continuous consolidation, and the overall direction remains optimistic while waiting for a low long position.

The bullish momentum in recent days has not been very strong, and the price has been hesitating in a sideways movement. However, it is undeniable that the market is in an upward channel at the daily level, and the bullish structure has not been broken, so the overall trend continues to look bullish.

In the short term, last night the price quickly rebounded near 85800. Tonight, we will continue to maintain the low long area we are monitoring in the range of 84900-85600.

The strong resistance above is initially at 89200, and if it breaks, we look at 91400.

Tonight, we will continue to wait for a low buy in the 85500 area. For those who want to go short, it is still recommended to wait for opportunities at the upper top position. Attempts in the middle area are not recommended.

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