The midday Bitcoin is showing weakness in its upward movement, after reaching around 86200 it has begun to oscillate downwards, currently operating around 85300.
The 4-hour chart displays three technical signals: the KDJ indicator has completed a high position death cross pattern, the RSI (Relative Strength Index) has retreated from the overbought zone to a neutral range, and the momentum oscillation indicator AO's histogram has continuously recorded negative values, indicating a significant reduction in short-term bullish momentum. Observing the smaller time frame, the 1-hour Bollinger Bands show signs of a downward opening, combined with the MACD fast and slow lines diverging underwater for the second time, while the bearish volume histogram shows a staircase-like amplification feature.
Operation suggestion: Short Bitcoin around 85500 to 85800, with a target of 84500—83800.
For the second option: Short around 2000—2030, with a target near 1960.