Based on the current market situation, the Bitcoin price is oscillating around the middle band with a lack of upward momentum. The KDJ indicator shows the three lines diverging upwards, indicating a potential short-term oversold correction. The RSI indicator is below 50, in a neutral to weak zone, and has not entered into severe oversold territory. There is still room for downside. Short-term support levels are the lower band at around 89,500 and the previous low at 89,242, which can serve as short-term support. The middle and upper bands act as resistance levels. The overall trend is slightly downward. For early morning trading, it is recommended to continue with the midnight strategy, focusing on rebounds. Reference points can be based on the previous levels, #BTC #ETH .
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Based on the current market situation, the Bitcoin price is oscillating around the middle band with a lack of upward momentum. The KDJ indicator shows the three lines diverging upwards, indicating a potential short-term oversold correction. The RSI indicator is below 50, in a neutral to weak zone, and has not entered into severe oversold territory. There is still room for downside. Short-term support levels are the lower band at around 89,500 and the previous low at 89,242, which can serve as short-term support. The middle and upper bands act as resistance levels. The overall trend is slightly downward. For early morning trading, it is recommended to continue with the midnight strategy, focusing on rebounds. Reference points can be based on the previous levels, #BTC #ETH .