A true crypto market powerhouse is not about luck hitting a hundredfold coin, but about the calmness of dollar-cost averaging with idle funds, the clarity of staying away from leverage, and continuous learning to turn every loss into a badge of growth. The market is never short of myths about overnight riches, but what’s more valuable is maintaining steady steps through cycles. Bitcoin faced resistance near 88,000 in the early morning, with bears increasing pressure pushing it down to around 86,200. During midday, the price entered a range-bound oscillation between 87,200 and 86,200.
From the perspective of momentum structure, the short-term correction has shown signs of fatigue. After forming a bullish divergence in the 1-hour RSI in the oversold zone, it has steadily rebounded near the midline; the 4-hour MACD green bars continue to converge, and the fast and slow lines are expected to form a golden cross above the zero axis again, reflecting that the bearish force is gradually weakening and bullish sentiment is recovering. Currently, the price is stabilizing within a high-range box of 86,000 to 88,500, a consolidation pattern that typically accumulates energy for a subsequent upward breakout. Future market development can focus on two key points: if the price can hold above the 87,500 resistance with volume, it will confirm the end of this correction and potentially restart an upward trend, targeting previous highs of 88,500 and even the 90,000 mark; even if the trend continues to oscillate in the short term, as long as the price remains above the key support zone of 86,000-85,500, the overall upward trend can still be maintained. The current consolidation should be viewed as a mid-term pause in the upward process, not a trend reversal.
Follow Gong Zhonghao: Always Win, Watch the Trend
Trading Suggestions: Bitcoin: Near 86,500, consider buying, target 90,000
Altcoin: Near 2,880, consider buying, target 3,200
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A true crypto market powerhouse is not about luck hitting a hundredfold coin, but about the calmness of dollar-cost averaging with idle funds, the clarity of staying away from leverage, and continuous learning to turn every loss into a badge of growth. The market is never short of myths about overnight riches, but what’s more valuable is maintaining steady steps through cycles. Bitcoin faced resistance near 88,000 in the early morning, with bears increasing pressure pushing it down to around 86,200. During midday, the price entered a range-bound oscillation between 87,200 and 86,200.
From the perspective of momentum structure, the short-term correction has shown signs of fatigue. After forming a bullish divergence in the 1-hour RSI in the oversold zone, it has steadily rebounded near the midline; the 4-hour MACD green bars continue to converge, and the fast and slow lines are expected to form a golden cross above the zero axis again, reflecting that the bearish force is gradually weakening and bullish sentiment is recovering. Currently, the price is stabilizing within a high-range box of 86,000 to 88,500, a consolidation pattern that typically accumulates energy for a subsequent upward breakout. Future market development can focus on two key points: if the price can hold above the 87,500 resistance with volume, it will confirm the end of this correction and potentially restart an upward trend, targeting previous highs of 88,500 and even the 90,000 mark; even if the trend continues to oscillate in the short term, as long as the price remains above the key support zone of 86,000-85,500, the overall upward trend can still be maintained. The current consolidation should be viewed as a mid-term pause in the upward process, not a trend reversal.
Follow Gong Zhonghao: Always Win, Watch the Trend
Trading Suggestions:
Bitcoin: Near 86,500, consider buying, target 90,000
Altcoin: Near 2,880, consider buying, target 3,200