From the 4-hour chart, BTC has quickly rebounded after a sharp drop, recovering some lost ground. The short-term downward momentum has weakened. On the technical side, the price is back above the key support level of 86000+, showing a "bottoming out" signal. The trading volume has increased during the rebound, indicating that buying interest is starting to pick up. The KDJ indicator has turned upwards from a low position, suggesting the expectation of a corrective rebound. In the short term, it is important to see if it can hold above the 87000 level. If it can break through the upper resistance, it is likely to approach the previous platform range (88000-90000).
Personal suggestions, for reference only (strictly set defense) BTC can be traded around 86200-85500, with a target of 87000-88500.
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12.1 Monday evening BTC analysis
From the 4-hour chart, BTC has quickly rebounded after a sharp drop, recovering some lost ground. The short-term downward momentum has weakened. On the technical side, the price is back above the key support level of 86000+, showing a "bottoming out" signal. The trading volume has increased during the rebound, indicating that buying interest is starting to pick up. The KDJ indicator has turned upwards from a low position, suggesting the expectation of a corrective rebound. In the short term, it is important to see if it can hold above the 87000 level. If it can break through the upper resistance, it is likely to approach the previous platform range (88000-90000).
Personal suggestions, for reference only (strictly set defense)
BTC can be traded around 86200-85500, with a target of 87000-88500.