Current market analysis shows that the MACD indicator's DIF line has penetrated downwards through the DEA line, forming a death cross pattern on the four-hour level. Although the green momentum bars are in a shrinking state, they have not turned red yet, indicating that while the bearish forces have weakened, they still dominate. Looking at the RSI indicator, the RSI value for the 1-hour period is 54, which is in the neutral to bullish range, but the RSI for the four-hour period is still operating in the bearish zone and needs to effectively break through the midline to confirm a trend reversal.
Based on the above technical signals, the operation suggestion is to focus on high 🈳. It is essential to pay close attention to the rebound situation; if the subsequent market can successfully stabilize at the key resistance level, adjustments should be made in a timely manner to flexibly respond to market changes.
Operation suggestion:
Bitcoin 102900-102450 🈳, target near 101180, with a stop-loss at 103100
