#BTC

Form: Standard trendline breakout pattern, strong bullish characteristic, continuation of the bullish trend after breaking the trendline.

Indicators: The market shows some signs of rebound, but there is strong upward pressure, with many resistance levels, which may continue to maintain consolidation or slight rebound. The short-term moving average is flattening and trending upward; pay attention to whether this crossover can lead to further increases.

Suggestion: Wait for the market to break through key resistance levels (Bollinger Bands upper band around 87815.9 and EMA resistance zone) to confirm the rebound trend.

Candlestick Pattern: The Dark Cloud Cover pattern appeared in mid-March, indicating a potential reversal down risk; the price is currently in a consolidation area and has not broken through.

MA: Short-term MA(15) is moving up, attempting to break through the medium-term MA(60) but failed, and the long-term MA(90) is still trending down, indicating an overall bearish trend.

EMA: Long-term EMA(144) and EMA(169) remain constraining, the market attempts to break through but is hindered, and upward pressure remains significant.

BOLL: The Bollinger Bands are converging, with prices oscillating around the middle band, suggesting a continuation of the consolidating trend without significant breakthroughs.

Resistance: 87800

Support: 84000-85000