BTC Market Analysis🚩

Yesterday, BTC (Bitcoin) showed significant daily fluctuations, dropping from a high of around 97600 to a low of about 93450, ultimately closing near 94300. Currently, the support below is solid around MA60, making it suitable to consider going long in this area. The resistance above is at MA7, and once broken, we may further look towards MA30.

On the four-hour chart, MA14 constitutes short-term pressure; if broken, the target can be adjusted to MA200. At the same time, the MACD indicator shows that bearish strength is weakening, indicating a potential golden cross trend. For short-term operations, it is recommended to consider going long within the range of 92830-91600, with an expected rebound target of 96700-101000.