Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC

🦅 Fish Midnight Market Review: 88,600 Green Line Support Holds Steady, Bulls and Bears Tug at the 89,000 Barrier!
Latest Situation:
Stabilizing After Decline: From the latest 15-minute chart, the recent downward move paused after touching around 88,500 (green support line on the chart), providing a temporary breather. Currently, the candlestick shows a small bullish candle, with the price rebounding to 88,931, indicating that short-term bottom-fishing funds are attempting to defend the 88,600 level.
Top-Bottom Reversal Resistance: Pay attention to the orange line at 89,413.0 on the chart. This was previously support and now becomes the first "obstacle" for the rebound. As long as the price remains below 89,400, the short-term trend remains weak, representing a "weak rebound after a breakdown."
Double Bottom Expectation: The scenario is clear—if 88,600 can hold, the bulls will attempt to push back to 89,400; if it fails, the market will accelerate to test last night’s 87,209, completing a true "double bottom (W bottom)" structure.
1. Support and Resistance Levels (Fish Midnight Precise Version)
🟢 Short-term support (1-3 days, tonight/U.S. stocks)
88,600 - 88,660: Immediate support. Clearly marked green support line on the chart. The current "frontline of defense," the last bastion for the bulls in the short term.
88,113: Very weak support. The first low point of last night’s dip. Once broken below 88,600, this level will be reached instantly.
87,209: Ultimate ironclad bottom (double bottom point). The absolute low of this correction. All long-term bulls are watching this level; if reached, it’s an "eye-closed buy" opportunity.
🔵 Medium-term support (1-2 weeks, swing)
86,000: 50-day moving average lifeline.
84,500: Bottom of the large cycle box.
82,000: 0.618 Fibonacci retracement level.
🔴 Short-term resistance (1-3 days)
89,413 - 89,500: Core resistance (top-bottom reversal). Orange resistance line on the chart. The recently broken bottom of the box, a lot of short covering and profit-taking will occur if the price rebounds here.
90,200: Afternoon high point resistance.
91,500: Strong resistance zone.
🟠 Medium-term resistance (1-2 weeks)
94,500: Previous historical high area.
96,431: Highest point of this rebound.
100,000: Long-term target.
2. Overall Analysis and Best Entry Strategies
Overall View: Currently at 88,931, the market is in a "weak oscillation at support."
Bullish Logic: It’s feasible to rebound based on the 88,600 support on the chart, but the space is compressed within 89,400. The real opportunity lies in the "golden pit" formed by a secondary dip in the 87,000 - 88,000 range.
Bearish Logic: The trend has already turned sour (break below 89.5k), and resistance around 89,400 presents an excellent opportunity for trend-following short positions.