After a overall decline yesterday, Bitcoin has entered a period of fluctuation, with weak rebound strength, repeatedly bouncing around 96,000. It has now pierced downward again. From a four-hour perspective, the Bollinger Bands are slowly closing, with the price falling to near the lower band in the morning. The KDJ lines have formed a dead cross and are diverging downward, and the MACD has also turned downward, initially forming a dead cross. Volume is beginning to show, indicating a short-term bearish outlook!

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Watch Bitcoin around 98,500-98,800, observe 96,000-95,500

For a rebound near 96,000-95,500, look to see it rise towards 98,000.