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.
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LiquidationWatcher
· 10h ago
If 88,900 can't be broken, then 87,200 will definitely be the next target... but the rebound really isn't strong, and it feels like every time it rebounds, it doesn't move.
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SerumSurfer
· 10h ago
It's the same old story of moving averages in a bearish alignment. Every time, it mentions bouncing back at 87,200. Can it really fall further?
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OPsychology
· 10h ago
Wait, is the pressure at 88,900 so strong? Then I need to see where the rebound reaches before I dare to buy in...
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.