BTC/USDT Daily K-line Analysis: Rebound Meets Resistance and Falls Back, Medium-term Downward Pressure Unabated

Key Support and Resistance Levels
• Resistance Levels
1. First Resistance: 89,353.3 (MA5), is the immediate resistance during short-term consolidation. A breakout can target 90,169.8 (MA50).
2. Second Resistance: 91,094.5 (MA30), this medium-term moving average is an important dividing line in the bulls and bears battle.
3. Third Resistance: 94,809.4 (MA100), only after breaking through can the medium-term downward pressure be alleviated.

• Support Levels

1. First Support: 89,000 integer level, is the current short-term psychological support during consolidation.

2. Second Support: 79,937.5 (previous low), is the extreme low point of this round of decline. Falling below will open a new downward space.
Technical Indicator Analysis

• Moving Averages: Price is below all moving averages, with the medium-term MA in a bearish arrangement. MA5 is turning downward, indicating the medium-term downtrend remains unchanged, and short-term rebound momentum is insufficient.

• MACD Indicator: MACD value (-621.9) is in the negative zone. The DIF line crosses below the DEA line forming a death cross, with the green histogram continuously expanding, indicating increased downward momentum and weak rebound strength.

• RSI Indicator: Value is 42.3, in a neutral to slightly bearish zone, not yet entering overbought territory, reflecting that bullish strength still needs further accumulation.

• Volume: During the pullback, trading volume has decreased, showing that selling pressure is temporarily easing, but volume during rebounds has not effectively increased, with market sentiment remaining cautious.
Summary and Trading Suggestions

Currently, BTC/USDT is in a pattern of “rebound meets resistance and falls back, medium-term downward pressure remains.” If the price increases with volume and breaks through 89,353.3 (MA5) and stabilizes, it can be considered bullish, targeting 91,094.5 (MA30); if it retraces and falls below 89,000, caution is needed for a second bottom. Pay close attention to the effectiveness of the support at 79,937.5. #特朗普取消对欧关税威胁