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BTC four-hour timeframe shows a clear bearish dominance, with short-term rebounds lacking strength.
In the MACD indicator, the DIF and DEA lines cross below the zero axis, with the bearish histograms continuously expanding, indicating accelerated bearish momentum; the EMA moving averages exhibit a multi-period bearish alignment, and the price has broken below the EMA7, EMA30, and EMA120 lines; the midline at 90500 forms a key resistance, with overall indicators leaning towards a bearish outlook.
Still expecting a drop to 87000.