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From the analysis of technical logic, BTC continues to accumulate in the process of price retracement, forming a structural divergence from the short-term indicators entering the deep oversold area, which usually indicates that the funds in the market are quietly deployed at a low level, brewing the transformation of long and short momentum. Especially when this phenomenon occurs near long-term trendline support or key liquidity pools, it often constitutes a technical precursor to a "momentum-reversal".
It is recommended to go long around 83300 and 83800, with the target at 86000 and 88500 at the break.
#加密市场观察 $BTC $ETH