January 2nd BTC Technical Analysis (As of 11:00, current price approximately 88,400)
- Core judgment: Short-term bearish, range-bound oscillation continues, double top + death cross resonance weakening
- Intraday range: 86,800-88,800; key resistance at 88,800/89,000; key support at 87,000/86,800
Key patterns and indicators
- 4-hour: Double top (88,919/88,890), MACD death cross, losing EMA120, bearish dominance
- Daily: Three consecutive long upper shadows, heavy selling pressure around 90,000, MACD death cross, 7/30-day moving averages (88,307/88,104) about to cross downward
- Volume: No signi
View Original