Today is Saturday, and the overall volatility is relatively calm, continuing to fluctuate around 94,000. Although there was a small rebound after yesterday's decline, it is still in a generally weak position.
From the hourly perspective, the MACD fast and slow lines are operating below the zero axis, and the negative values of DIF and DEA are gradually converging, which may form a golden cross, indicating a possible rebound in the short term.
At the same time, the current coin price is above EMA7 but below EMA30 and EMA120, indicating some support in the short term, but medium to long-term pressure remains apparent.
Therefore, on Saturday, we first look for a rebound, and then continue to watch the downward trend relying on the upper range of 95,600—96,200, with lower targets focusing on the lows of 93,500 and 92,500.