BTC Market Analysis🚩

Yesterday, BTC (Bitcoin) experienced significant fluctuations on the daily chart, dropping from a high of approximately 97600 to a low of around 93450, ultimately closing near 94300. Currently, support is solid around MA60, making it suitable to consider going long in this area. The resistance above is at MA7; if it breaks through, we could further look towards MA30.

On the four-hour chart, MA14 poses short-term pressure; if it breaks, the target can be raised to MA200. At the same time, the MACD indicator shows a weakening of bearish strength, with a trend towards forming a golden cross. Short-term trading advice suggests looking for opportunities to go long within the 92830-91600 range, with an expected rebound target of 96700-101000.