The current price is 86084, and the sharp decline in the morning session without a rebound is the result of the resonance of multiple negative factors: China's regulatory upgrade + the cooling of expectations for a Federal Reserve rate cut + the destruction of the bullish structure at the monthly level, compounded by a significant bearish candle breaking key support on the 4-hour chart. The current price is approaching the 83000 level, which is not a short-term fluctuation but a continuation of a trend decline. The probability of testing the previous low is very high, and the core strategy remains to short on rebounds.
Operational suggestion: open a long position around 86500-87000, target: 85500, 85000#成长值抽奖赢iPhone17和周边
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$BTC 12.1 midday BTC analysis
The current price is 86084, and the sharp decline in the morning session without a rebound is the result of the resonance of multiple negative factors: China's regulatory upgrade + the cooling of expectations for a Federal Reserve rate cut + the destruction of the bullish structure at the monthly level, compounded by a significant bearish candle breaking key support on the 4-hour chart. The current price is approaching the 83000 level, which is not a short-term fluctuation but a continuation of a trend decline. The probability of testing the previous low is very high, and the core strategy remains to short on rebounds.
Operational suggestion: open a long position around 86500-87000, target: 85500, 85000#成长值抽奖赢iPhone17和周边