#技术分析 Recently, Bitcoin's technical analysis has been a bit confusing😅 I looked at a bunch of candlestick charts and concepts like support and resistance levels, and I finally started to understand!

Currently, Bitcoin is fluctuating around $89,417. I noticed it’s repeatedly tugging between $88,500 and $90,000. Just now, I looked at the 1-hour chart, and the price dropped from $90,600 to $88,500 with a sudden surge in volume—scared me into thinking a big crash was coming. Later, I realized this might be caused by market panic and liquidations. It then rebounded slightly but with weak momentum, feeling a bit powerless🤔

What impressed me most was the resistance level at $90,600. The info compared it to a "security guard at the door," haha, that’s a very vivid metaphor! Unless trading volume increases significantly and bullish signals are clear, it’s hard to break through. Also, all moving averages are showing red signals, RSI is only at 43, and the momentum indicator is also weak.

But there’s hope! If Bitcoin can regain stability above $90,600 with enough trading volume, it might push toward $94,000–$95,000. Conversely, if it falls below $88,500, it will need to find support around $80,500–$82,000.

Honestly, this market has been a bit tense and exciting, but studying the charts slowly really helps you learn. The next 48 hours should be crucial, stay tuned!📊