From the market data, Bitcoin stabilized at the 87800 level in the afternoon and steadily moved up, reaching a maximum of 89000 USD in the evening. Although it faced some resistance and experienced a slight pullback, it remained stable around 88600, indicating strong support from long positions.
The current price remains in the high range after the pullback, which is a strong consolidation pattern. The 4-hour moving averages show long positions divergence, and both MACD and RSI indicators support a short-term bullish trend.
If we can hold above 88500 during the night, we can expect to test the key resistance at 89000 again. A breakthrough will open up the space towards the 90000-91000 range! #2025Gate年度账单
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From the market data, Bitcoin stabilized at the 87800 level in the afternoon and steadily moved up, reaching a maximum of 89000 USD in the evening. Although it faced some resistance and experienced a slight pullback, it remained stable around 88600, indicating strong support from long positions.
The current price remains in the high range after the pullback, which is a strong consolidation pattern. The 4-hour moving averages show long positions divergence, and both MACD and RSI indicators support a short-term bullish trend.
If we can hold above 88500 during the night, we can expect to test the key resistance at 89000 again. A breakthrough will open up the space towards the 90000-91000 range! #2025Gate年度账单