#美联储重启降息步伐 Bitcoin made a textbook V-shaped reversal during the early morning hours! The key support line at $88,000 once again proved its importance, with the price rebounding quickly after touching it. Currently, there is a tug-of-war around 89,000, with neither bulls nor bears willing to give in.



From a technical perspective, consecutive shrinking bearish candles on the daily chart send an ominous signal, with bears temporarily taking the initiative. If the rebound lacks volume, its sustainability is questionable. On the four-hour chart, bearish momentum remains strong, with the price running near the lower Bollinger Band, indicating an overall bearish trend. The hourly chart shows narrow-range consolidation, and with insufficient weekend market liquidity, the price is likely to remain range-bound in the short term.

In terms of trading strategy, a range-bound market suggests prioritizing selling at highs and buying at lows as a secondary approach. The key levels are clear: strong resistance above at 90,000, and critical support below at 88,000.

Suggested operation: If $BTC price rebounds to the 89,800–90,600 range, consider entering a short position, targeting the 88,800–88,000 area. Market volatility intensifies over the weekend, so be sure to set strict stop-loss protection.

@zqcpssl123
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BlockchainBrokenPromisevip
· 20h ago
88,000 is here again. This guy really treats this line like his lifeline... Anyway, I don't buy into this "textbook level" stuff. The more you hear that term, the harder you lose.
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unrekt.ethvip
· 20h ago
88,000 is here again. This support line is really quite strong.
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GetRichLeekvip
· 20h ago
88,000 is going to protect me again? Haha, last time I got smashed right here, the whales are really ruthless.
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Tokenomics911vip
· 21h ago
88,000 comes to the rescue again. How many times has this trick been used?
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