The current market situation is quite interesting—#数字资产市场动态 After consecutive bearish candles, $BTC has rebounded a bit, but this rebound is really weak, and it was quickly pushed down again. Looking at the MACD, the green bars below the zero line are getting thicker, and the two lines are also crossing downward, indicating that the bears are still quite strong.


The four-hour chart shows the same situation, with the price being firmly pressed down by the middle band of the Bollinger Bands. Even though it’s trying to move upward within the volatility, the selling pressure is too fierce to break through. The three lines of the KDJ are starting to turn downward, and a short-term weak pattern has already formed.
From a multi-timeframe perspective, it’s recommended to follow the bearish trend—consider shorting in the range of 90000-90500, with targets around 88500-88000. Such intense market swings themselves are opportunities; the key is to be prepared. The market is always there, it’s just a matter of whether you can seize it.
BTC0,98%
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PortfolioAlertvip
· 11h ago
They're starting to dump again; this rebound is just a cover.
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JustAnotherWalletvip
· 11h ago
The short position this time is indeed solid; the rebound was crushed back down. Now it's just a matter of whether it can drop to 88.
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GasOptimizervip
· 11h ago
It looks like this wave is going to drop again, the bears are really steady.
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