At the four-hour level, after the price broke through the short-term support levels of MA144 and MA169, the rebound lost momentum. The MACD indicator shows a death cross between DIF and DEA, with the MACD histogram remaining green, indicating bearish momentum release. The KDJ indicator's three lines are in the oversold zone but have not yet shown a turning signal. Overall, short-term support is weak, and the price may continue to oscillate downward. Attention should be paid to the effectiveness of the 90,000 integer support level.
Personal suggestion, for reference only (strictly set stop-loss) Bitcoin near 91,800, see a rebound at 92,800, target 90,000, 88,800$BTC
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1.8 Thursday Bitcoin Analysis
At the four-hour level, after the price broke through the short-term support levels of MA144 and MA169, the rebound lost momentum. The MACD indicator shows a death cross between DIF and DEA, with the MACD histogram remaining green, indicating bearish momentum release. The KDJ indicator's three lines are in the oversold zone but have not yet shown a turning signal. Overall, short-term support is weak, and the price may continue to oscillate downward. Attention should be paid to the effectiveness of the 90,000 integer support level.
Personal suggestion, for reference only (strictly set stop-loss)
Bitcoin near 91,800, see a rebound at 92,800, target 90,000, 88,800$BTC