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Today's thought process reference:
Yesterday, a large bearish candle directly broke through the 30-day moving average (around the 90090 level). The price peaks are getting lower and lower, and there is little volume to support a rebound.
On the 4-hour chart, it's even more obvious. The short-term 5-day and 10-day moving averages have already crossed downward, the MACD below the zero line shows increasing green bars, and the RSI is stuck below 50 and cannot rise. The entire picture is a downward channel.
Bitcoin: Watch for a rebound around 91500-92000, target 90000-89000$BTC #GateAI正式上线