#数字货币市场回调 The manufacturing data has been sluggish for nine consecutive months, yet the market has shown subtle differentiation: some are betting on an increase in interest rate cut expectations, while others are starting to worry about an economic recession. More complicating the situation, there are rumors from Washington about potential personnel adjustments at the Fed, which suggests that policy signals may express long positions in the coming six months, and fluctuations in the dollar and interest rates are likely inevitable.

Amid this macro noise, BTC quietly rebounded from a low last night, briefly touching around $87,000. This trend is intriguing—when bad news is fully priced in, the market often anticipates and digests bearish factors in advance.

However, it is important to note that the quality of this rebound is not solid yet, more like a technical repair in a weak pattern. The most critical observation point right now is at the $88,000 position, where a large number of short liquidation orders are concentrated, making it a typical resistance zone. Whether it can break through and hold this position will directly determine the direction of the short-term trend. If it struggles to rise, the price may pull back to test the support at $85,000 or even $83,800.

From the trading logic perspective, the current market is mainly driven by liquidation, with major funds often focusing on areas with high liquidation density. The price levels of 88000, 85500, and 83800 are all concentrated areas for long positions and short positions liquidation, and once these levels are reached, they can easily trigger a chain reaction.

For ordinary traders, the most important thing now is to restrain impulses. Pay attention to whether 88000 can effectively break through above, and watch the support strength at 85000 and 83800 below. Within this range, the market is likely to continue to fluctuate.

Holders may consider gradually reducing their positions when the market rebounds to resistance levels, locking in some profits; those without positions do not need to rush to enter the market, but should wait for the market to clearly choose a direction. In this environment, patience is often more valuable than frequent trading. The most challenging aspect of a fluctuating market is whether one can maintain discipline and wait for the right opportunity.