#数字货币市场回调 fell 7000 points in one hour, what is the situation now with $BTC ?

Just finished looking at the market, my heart is racing. The price dropped directly from 93080 to 85563, a fall of nearly 8%, with multiple key supports instantly breached. The bear attack came suddenly and violently, and the market is now completely controlled by the bears.

First, let's talk about a few dangerous signals from a technical perspective. The short-term moving average MA7 has already crossed below MA30, and both lines are trending downwards. This pattern usually indicates that the downward trend is not over yet. Looking at the Bollinger Bands, the price is almost touching the lower band at 83680, and there is nearly a ten-thousand-point gap opened up between the upper band at 93117 and the lower band—volatility has exploded, and selling pressure is still ongoing. The MACD is even harsher, with the green bars pulled down to -204.9, and both DIF and DEA have dipped into negative territory. Is a short-term rebound possible? Difficult.

Now we need to keep an eye on several positions: looking up, 87000 is a dense trapped area, and at 88398 there is a Bollinger middle band resistance; a rebound to these positions is likely to see selling pressure; looking down, 85000 is a round number level, if it cannot hold, the next stop might be 83680, and even the 82000-80000 range could be explored.

There are currently no positive news to save the situation, on-chain data shows that the net outflow from exchanges is increasing, and large addresses have started to transfer coins to exchanges above 90000, which feels like a preemptive positioning for a short.

If you still hold a long position, you really need to be careful. A rebound near 87000 can be considered for a short position, but remember to set a good stop loss (around 87800). If you want to catch the bottom, at least wait for a stabilization signal at the daily level before making a move. The battle at 85000 is crucial; if it breaks, the space will open up.