#BTC

BTC Market Analysis

From a small scale perspective, the price has briefly dropped below the support line mentioned earlier, but the reaction after the drop is not quite right, and it has rebounded again. Currently, the price is hovering around the trend line at 94000. If it successfully recovers, this will be another false breakdown, and combined with the previous trend, it suggests a triple bottom formation. Pay attention to whether it can regain the 94000 level in the short term!

Focus points: Still the strong support around 90500 mentioned yesterday, with resistance at 99600 above. The short-term central positions to watch are 94000 and 96800!