BTC From the 4-hour chart, the price is closely fluctuating below the middle band of the Bollinger Bands, with weak rebound strength. Each upward attempt is strongly suppressed by the middle band, as if the bulls are stuck in a quagmire, making it difficult to unfold. This indicates the current situation is in a weak oscillation pattern, with the bullish forces scattered and unable to gather effective counterattack strength.
The fast and slow lines of the MACD indicator are steadily running below the zero line. Although the histogram has slightly contracted, it has not managed to break through the zero line upwards. This fully demonstrates that the market is currently in a bearish-dominated weak repair stage. Although the contraction of the histogram may suggest that the market is undergoing a brief adjustment, it has not given a clear bullish reversal signal. This means that for the bulls to launch an effective counterattack, they need to accumulate more energy, and the bearish atmosphere in the market will likely continue in the short term.
Operation suggestion: Around 83500
Target: 1000-1500 points
Market conditions change rapidly; suggestions are for reference only. #BTC走势分析