Strong support at 85000 and resistance at 90000-92000 for short-term BTC. The upper Bollinger Band on the monthly chart has reached its peak, with no extension above 90k. The top of the 4-hour Bollinger Band is at 91600-92000. Therefore, even if it breaks 90k in the short term, 91600 is the temporarily expected highest point (and can only reach this at best).
Currently, there is no divergence on the daily chart, so there is no deep correction for now. Buying pressure is strong during pullbacks, leading to strong rebounds. The low buy strategy remains unchanged. If the lows are moving down, the take-profit point will also move down.
There is CPI data tonight; if a small spike occurs and penetrates 85200, it may drop to 84000. So, preparations can be made for a possible spike here. Upon return, targets for profit-taking are 87455-87850 and 88800.
