Today's conclusion on Bitcoin's core technical aspects: It is in a critical consolidation decision period, with the bullish lifeline focusing on the 88000-89000 support zone. The upward momentum is insufficient, and we need to be cautious of the risk of breaking down.

Core technical indicators breakdown

Trend indicators (EMA/Bollinger Bands): The daily candlestick has lost the EMA15 line (91000), and the upper Bollinger Band has been pressed down to 94200, with the price retreating to the middle band (89900) and showing weak fluctuations; the 4-hour Bollinger Band range has narrowed to 88800-93700, with a short-term oscillating correction trend.

Momentum indicators (MACD): The MACD at the daily level has increased, but the price has pulled back. The trend of DIF and DEA expanding upwards at a low level remains unchanged, indicating a "volume-price divergence" signal; at the 4-hour level, the MACD has decreased, and DIF and DEA are consolidating near the 0 axis, with bullish and bearish momentum tending to be balanced.

Key price levels (support/resistance):

Resistance: Short-term 92000-93000 (dense trading area), strong resistance 93000-94000 (tested multiple times without breaking)

Support: Core 88000-89000 (bullish lifeline), secondary support 85500, extreme situation may dip to 83822.

Short-term trend judgment

If the 88000-89000 support holds, it is highly likely to maintain a 90000-93000 range oscillation, waiting for new directional signals, and may test the 93000-94000 resistance again.

If the 88000 support is broken, the bearish trend may continue, with short-term or deep retracement to 85500 or even lower, and we need to be cautious of panic selling.

Operational logic reference (risk warning)

Short-term: 89000-89500 can try to go long with light positions, 92500-93000 can try to short, with targets mainly based on the oscillation boundary of the range.

Conservative strategy: Before the direction is clear, prioritize observing, avoid blindly chasing highs and cutting lows, and pay close attention to whether there are breakout signals in the weekend market.