At the four-hour level, MA144 and MA169 form a strong resistance. After a price rebound, it has consistently failed to break through the moving average resistance, showing extremely weak upward momentum. The MACD red histogram is expanding but has already shown signs of fatigue. The follow-up upward momentum is concerning. After a quick rise to 89600 during the day, the price rapidly fell back. If the support level at 87548 is broken, it is highly likely that it will test the previous low of 84408 again.
Personal suggestion, for reference only (strictly set defense) BTC around 89300, see 90300 for addition, target 88000, 86300$BTC
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12.22 Monday Daily BTC Analysis
At the four-hour level, MA144 and MA169 form a strong resistance. After a price rebound, it has consistently failed to break through the moving average resistance, showing extremely weak upward momentum. The MACD red histogram is expanding but has already shown signs of fatigue. The follow-up upward momentum is concerning. After a quick rise to 89600 during the day, the price rapidly fell back. If the support level at 87548 is broken, it is highly likely that it will test the previous low of 84408 again.
Personal suggestion, for reference only (strictly set defense)
BTC around 89300, see 90300 for addition, target 88000, 86300$BTC