BTC Evening Market Analysis.

12-hour and daily MACD show a bottom divergence, but in terms of volume and price on the 12-hour chart, the trading volume has increased while the entity has become smaller. Following this, the 12-hour bearish candle at 843 shows low trading volume but engulfs the high-volume bullish candle, indicating a higher probability of the uptrend ending, with sellers dominating the market and the bulls and bears reaching a consensus at a high level.

Regardless of whether it's a bottom divergence or a top divergence, the signal to determine the end is when the fast line DIF crosses the zero axis, starting a new market trend.

If there is an increase after a decline that crosses the zero axis and then drops to a new low, but the MACD does not make a new low, this is not called divergence.

Currently, Bitcoin should still have a chance to test 84 again; regardless of any favorable CPI, if it cannot stabilize and break through 84 again, the bear hunt will commence.

On the short term, the 80,000 support has actually been tested twice, with the 79,000 drop being a false breakdown that has recovered and can be used again.

If Bitcoin cannot surpass 828–832 after rebounding from the recent 815 entity, those who bought the dip should exit.

Evening trading positions can be avoided, but a light long position at 80200 is suggested, with a stop loss at 79700 if it drops below 80,000.

If it goes up first, observe how the K-line behaves at 84; if it spikes, we can only expect to see 851 in the short term. A small short position between 851–856 with a tight stop loss is also possible.

If tomorrow's daily closing price is below 816, forming a hammer bearish candle, it increases the probability of the downtrend continuing, so long positions need to be cautious.