Bitcoin briefly stopped falling at 87,700, indicating a rebound at the support level. Currently, the most important thing is to distinguish whether it's a "true rebound" or a "fake bounce"!
The key is whether 88,800 can be regained and held. If it can break above that, the bulls can continue to be optimistic in the short term!
Conversely, if it cannot break through effectively, short positions can be prepared!$BTC
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Bitcoin Evening Trading!
Bitcoin briefly stopped falling at 87,700, indicating a rebound at the support level. Currently, the most important thing is to distinguish whether it's a "true rebound" or a "fake bounce"!
The key is whether 88,800 can be regained and held. If it can break above that, the bulls can continue to be optimistic in the short term!
Conversely, if it cannot break through effectively, short positions can be prepared!$BTC