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The daily and four-hour moving averages of Bitcoin are both dead-crossing downward, forming strong resistance. The price is trapped between the middle band resistance and the lower band support, with the range continuously narrowing.
Although the MACD on the hourly chart shows decreasing volume, hinting at a rebound demand, the weak momentum suggests it is likely a correction within a weak consolidation phase.
Today, focus on the resistance levels at 87500, 89000, and 90000!
The support at 85000 is not solid; if volume increases and breaks through, look towards the 84000 region!#市场触底了吗？ $BTC