The market rebounded after a day of clear weather, then randomly plummeted. Top-tier cryptocurrencies successfully gained nearly 5000/200 in the space. The lower side also tested the 85,000 support multiple times and showed weak rebound, then quickly bought at low levels to gain nearly 1500/41 in the space.
Although tonight's CPI data release is approaching, the overall trend remains bearish. In the short term, Bitcoin's resistance continues to focus on the 87,500-88,000 area, with support still at 85,000.
Bitcoin: Range of 87,400-87,900, with a downside target of 85,000. Breakout holds, and above 2880 remains bullish. $BTC
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The market rebounded after a day of clear weather, then randomly plummeted. Top-tier cryptocurrencies successfully gained nearly 5000/200 in the space. The lower side also tested the 85,000 support multiple times and showed weak rebound, then quickly bought at low levels to gain nearly 1500/41 in the space.
Although tonight's CPI data release is approaching, the overall trend remains bearish. In the short term, Bitcoin's resistance continues to focus on the 87,500-88,000 area, with support still at 85,000.
Bitcoin: Range of 87,400-87,900, with a downside target of 85,000. Breakout holds, and above 2880 remains bullish. $BTC