【BTC Daily Chart Structure Projection | The Bull-Bear Lifeline Defense and Offense】

The market is at a critical juncture that will determine the medium-term pattern. BTC price has fallen back to the core support zone formed by the long-term upward trendline and key moving averages (MA20/MA50/MA100) cluster (approximately $87,300-$92,000). This is no longer a typical technical correction level but the “bull-bear dividing line” in market consensus.

The chart clearly illustrates this battle: the price pauses after touching the previous high at $87,339, while the death cross of MA5 and MA10 above forms the first rebound barrier. The sharp extension of the MACD histogram (-1210) is a clear warning sign of the exhaustion of medium-term upward momentum. However, the RSI has not entered the extreme oversold zone, indicating that market sentiment has shifted to caution but not panic.

The core contradiction now is: does the long-term trend structure (represented by the MA20 cluster and the ascending channel) remain valid? If the price can form a strong bottom pattern and rebound with increased volume in this area, returning above $92,000, then this correction can be defined as a healthy dip within a bull market. Conversely, if the price weakly oscillates and effectively breaks below $87,300, it would mean the long-term upward trend that has lasted for months may be officially broken, and the market will have to look for the next solid support level (such as the $80,632 marked on the chart).

Both bulls and bears are heavily contesting this “lifeline.” The closing prices over the next few trading days, especially the weekly closing price, will provide crucial directional signals. Until then, the market remains in a high-uncertainty observation period. #Gate每10分钟送1克黄金