【BTC Daily Technical Analysis | Bearish Trend Clearly Defined, Key Support Faces Testing】

#欧美关税风波冲击市场
Market Review and Qualitative Analysis
Bitcoin’s daily chart continues to show a clear downward trend. The price has been trading below all major moving averages for several consecutive days and has broken through the previous key psychological level of 92,000 USD. Currently, the price is weakly oscillating near the round number of 90,000 USD, with an overall structure exhibiting the characteristic of “higher highs and lower lows” in a bear market, with the bears holding absolute dominance.

Multi-dimensional Technical Indicator Interpretation

1. Moving Average System and Structure: MA5(91141) to MA100(92942) all show a standard bearish alignment and are diverging downward, forming a clear and strong resistance zone. Among them, MA5 (~91100 USD) is the nearest resistance, and the 93500-94300 USD area formed by MA20 (~93400 USD), MA30, and MA50 is the core strong resistance zone to determine whether the trend can reverse.
2. Key Price Level Analysis:
· Resistance Above: The short-term rebound strength threshold is around 91100-91500 USD (near MA5). If the rebound cannot reach this area, it indicates a very weak pattern. Any effective reversal must break through with volume and stabilize above 93500 USD.
· Support Below: 89800 USD is the recent critical platform low and the last line of defense for the bulls. Once this level is broken by a daily candle close, the downward space will further open, with the next important support zone at 88000-87000 USD.
3. Momentum Indicator Analysis: The MACD dual lines (DIF/DEA) are running deeply below the zero axis, and the histogram bars are lengthening, indicating that the bearish momentum is still being released and has not shown signs of exhaustion. The RSI is at 22.64 in the severely oversold zone, suggesting a short-term technical rebound demand. However, in a strong downtrend, the indicator may continue to weaken and should not be used alone as a bottom-fishing signal.
· Key Observation Point: Whether the intraday closing price can stay above 90500 USD is a weak signal for whether the short-term decline has stopped. Trend traders should patiently wait for the price to return above 93500 USD or for a clear daily bottom structure before considering medium-term long positions.