If Bitcoin fails to break through the resistance area of $98,000, it may readjust downwards. The current direct support level is around $96,500, followed by the $95,000 and $94,250 areas. If the downtrend continues, Bitcoin may fall to the $92,000 support area in the short term.

Technical Indicator Analysis

Hourly MACD: The MACD is gradually losing momentum in the bearish zone, showing signs of weakening downward pressure.

Hourly RSI (Relative Strength Index): The RSI is currently below 50, indicating that the market is relatively weak, but a rebound is still possible.

Key Support and Resistance Levels

Major Support Levels: $96,500 and $95,000.

Major Resistance Levels: $98,000 and $98,800. #市场调整后的方向 #加密市场回调 #市场回调抄底还是观望？