Current market analysis shows that the MACD indicator's DIF line has penetrated below the DEA line in the four-hour level, forming a death cross pattern. Although the green momentum bars are in a shrinking state, they have not yet turned red, indicating that while bearish strength has weakened, it still dominates. Looking at the RSI indicator, the RSI value in the 1-hour period is 54, which is in the neutral to bullish range; however, the RSI in the four-hour period is still operating in the bearish zone, requiring a valid breakout of the middle track 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, it will be necessary to adjust the strategy in a timely manner to respond flexibly to market changes.
Operation suggestion:
Bitcoin 102900-102450🈳, target around 101180, with a defense set at 103100