#美联储降息 Yesterday's early trading session saw Bitcoin plummet to $87,500, then quickly bounce back, and it is now firmly above $89,700. This dip actually confirmed the validity of the support level — the price formed a clear bullish signal in a key area, and the rally from the bulls has been very strong. The market's "buy on dips" sentiment is quite loud right now.
From a candlestick perspective, on the 4-hour chart, the RSI has turned upward above the midline of 50, and the MACD momentum bars are beginning to expand again. Trading volume has also increased slightly, indicating that buying strength is recovering. BTC has stabilized above the short-term moving averages, and the overall trend remains upward. The next resistance zone to watch is between $90,500 and $91,000.
On the operational side, I still maintain a bullish outlook. Those holding long positions can continue to hold, with stop-loss moved up below $88,500. If the price pulls back and stabilizes between $88,800 and $89,200, consider entering long positions in batches, with initial targets at $90,500, then $91,500. Be mindful of profit-taking pressure at higher levels; if it drops below $88,500, the short-term outlook should be reconsidered. The Federal Reserve's rate cut expectations are in the background, but the recent rebound's continuation still needs close attention.
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ChainWatcher
· 4h ago
87500 That wave was really urgent, I almost cut my losses in fear, but fortunately I didn't act
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CryptoComedian
· 4h ago
Laughing, I started crying. When @87500@ plunged, my heartbeat also took a dive.
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RSI turned around, MACD expanded, the data speaks for itself. I just want to say, my stop-loss is also talking.
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Buy the dip, brother. My problem is that my lows keep getting lower.
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Breaking @88500@ means I need to rethink. What I'm reconsidering now is how I still have money to keep thinking.
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The pressure zone is @90500@ to @91000@. It sounds simple, but in practice, it's like chasing an ex-girlfriend—just a little bit short.
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The bulls' relay is fierce, and my account relay is also fierce—going downwards.
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Stand firm above the short-term moving average. I just want to stay steady with the mindset moving average, brother.
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CoffeeOnChain
· 4h ago
87500 that was still a bit scary, but the bulls' reaction speed is indeed quite fierce. It seems there are still quite a few people lurking in the shadows.
#美联储降息 Yesterday's early trading session saw Bitcoin plummet to $87,500, then quickly bounce back, and it is now firmly above $89,700. This dip actually confirmed the validity of the support level — the price formed a clear bullish signal in a key area, and the rally from the bulls has been very strong. The market's "buy on dips" sentiment is quite loud right now.
From a candlestick perspective, on the 4-hour chart, the RSI has turned upward above the midline of 50, and the MACD momentum bars are beginning to expand again. Trading volume has also increased slightly, indicating that buying strength is recovering. BTC has stabilized above the short-term moving averages, and the overall trend remains upward. The next resistance zone to watch is between $90,500 and $91,000.
On the operational side, I still maintain a bullish outlook. Those holding long positions can continue to hold, with stop-loss moved up below $88,500. If the price pulls back and stabilizes between $88,800 and $89,200, consider entering long positions in batches, with initial targets at $90,500, then $91,500. Be mindful of profit-taking pressure at higher levels; if it drops below $88,500, the short-term outlook should be reconsidered. The Federal Reserve's rate cut expectations are in the background, but the recent rebound's continuation still needs close attention.