Gate Research Institute: Polygon Leads x402 Intelligent Agent Payment Transactions | Gate TradFi Trading Volume Surpasses $10 BillionCryptocurrency Market Overview
BTC (+0.85% | Current Price 89,342 USDT): BTC has shown a volatile correction trend over the past day, with prices repeatedly oscillating within the $88,800–$89,800 range. The rebound following the sharp decline on the 26th continues, but selling pressure above remains. The moving average system has shifted from bearish to bullish, with MA5, MA10, and MA30 forming a bullish alignment, and the current price trading above these three moving averages, indicating a short-term bullish trend but still in the recovery phase. The MACD is above the zero line and maintains a golden cross structure, with the red bars gradually enlarging, suggesting short-term bullish momentum is dominant. Overall, if BTC can hold steady above $89,000 and increase volume to break through $90,000, it may further challenge the previous high near $91,200; conversely, if it falls back below the support zone of $88,800–$88,400, caution should be taken as the rebound may weaken and reverse.
GateResearch·01-28 06:06