When will the rebound and consolidation of the rock sugar orange continue? Can Beijing and Shanghai regain a foothold? 📉🚀


Current price is 93,100. At 5 a.m., the main force did not aggressively push towards 100,000 but instead pressed down to 93,000 for sideways trading, breaking below the 0.618 Fibonacci level at 94,200. But don’t panic! The daily EMA30 provides precise support at 92,000, the four-hour KDJ shows a golden cross, and the bulls are gathering strength.
Resistance is at 94,200 (trend + segmentation overlap point). A breakout can be held; if not, take profits first. MACD is shrinking, momentum is insufficient, and the bulls need time to gain space. Current range: 92,000-94,200.
Holding above 90,000 is effective for northbound trading; focus on the fight for 94,200 in the short term! If volume breaks through, the northbound market will return! 💪$BTC #btc
BTC-2,68%
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