Reviewing last night's market, as US stocks opened and market sentiment warmed, Bitcoin briefly dipped to around 89,200 before quickly stabilizing and rebounding. The bulls launched a strong counterattack and re-claimed the 91,000 level. If the current price can remain steadily above 90,500, there is potential for further upward movement.
From a technical perspective, the price formed a clear double bottom support near 89,200, with four-hour candles showing consecutive bullish engulfing patterns indicating increasing buying strength. The MACD fast and slow lines are showing a potential golden cross near the zero line, with green momentum bars emerging. The RSI has rebounded from oversold territory to above 50, suggesting short-term bullish momentum is building. Key resistance is at the previous high of 91,600; a volume breakout above this level could test the 92,500-93,000 zone.
The current trend has returned to the upper boundary of the previous consolidation range. If support levels at 90,500-90,800 can hold, the rebound trend may continue. Traders may consider gradually entering long positions on dips near 90,800, targeting 91,600 and above, while paying attention to whether market sentiment continues to improve today and setting strict stop-losses. #GT2025第四季度销毁完成 $BTC
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Reviewing last night's market, as US stocks opened and market sentiment warmed, Bitcoin briefly dipped to around 89,200 before quickly stabilizing and rebounding. The bulls launched a strong counterattack and re-claimed the 91,000 level. If the current price can remain steadily above 90,500, there is potential for further upward movement.
From a technical perspective, the price formed a clear double bottom support near 89,200, with four-hour candles showing consecutive bullish engulfing patterns indicating increasing buying strength. The MACD fast and slow lines are showing a potential golden cross near the zero line, with green momentum bars emerging. The RSI has rebounded from oversold territory to above 50, suggesting short-term bullish momentum is building. Key resistance is at the previous high of 91,600; a volume breakout above this level could test the 92,500-93,000 zone.
The current trend has returned to the upper boundary of the previous consolidation range. If support levels at 90,500-90,800 can hold, the rebound trend may continue. Traders may consider gradually entering long positions on dips near 90,800, targeting 91,600 and above, while paying attention to whether market sentiment continues to improve today and setting strict stop-losses. #GT2025第四季度销毁完成 $BTC