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#比特币与黄金战争 Bitcoin's recent movement has been quite interesting. On the daily chart, the price has already broken below the key moving averages EMA7 and EMA30. The MACD is still in a death cross, indicating that the bearish momentum has not been fully exhausted.
Looking at the 4-hour chart, the price rebounded to near the middle band of the Bollinger Bands a couple of days ago but was pushed back down— the bullish energy on the MACD is also shrinking, suggesting short-term correction pressure is significant.
In terms of recent trends, I see the resistance for Bitcoin in the 88200-87500 range. If broken, the next focus is on 86000; Ethereum, around 2950-2920, faces similar technical resistance. If it continues to weaken, watch for 2880.
The market keeps switching hotspots between gold and cryptocurrencies, so further trends need to be observed. $BTC $ETH $ZBT