The daily chart shows a long upper shadow bearish candle, with the closing price stabilizing above the key support level of 87,000. The price remains within the lower half of the 84,500-94,500 range, with the 90,000 psychological level acting as a medium-term resistance. The overall market continues to fluctuate within a narrow range.



On the technical indicators front, the daily KDJ and MACD remain sideways, with Bollinger Bands showing a oscillating downward trend. The short-term moving averages are diverging, with MA5 and MA10 forming a divergence, while MA30 is turning downward from above, creating resistance.

On the 12-hour cycle, the KDJ and MACD indicators have completed a golden cross and are diverging upward. The Bollinger Bands are narrowing in sync, and the moving averages MA5 and MA30 are turning upward together.

However, MA30 still maintains a downward oscillation trend. Based on a comprehensive analysis of the intraday technicals and the previous trading day, there is no fundamental change. The short-term market is expected to continue its sideways consolidation!#加密行情预测 $BTC
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