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BTC four-hour chart short-term bearish, rebound lacks strength, it is recommended to prioritize waiting for a bearish rebound, and avoid blindly chasing the decline.
From a technical perspective, the price is under pressure at the four-hour EMA20 moving average, and the short-term moving average system has formed a bearish alignment, with MA7 crossing below MA25 confirming a weak trend. Meanwhile, the OBV indicator is moving downward in sync, indicating solid actual trading momentum behind the decline. The MACD is operating below the zero line, and the bearish momentum still prevails.
Specifically, BTC faces resistance around 89,900. If the bears continue to dominate, the target area is around 87,200.