BTC 4-hour technical overview: Bullish momentum is strong, multiple buy signals emerging

【CryptoWorld】BTC has experienced fluctuations over the past 4 hours. Compared to midday on the 9th, it has fallen significantly, but there was a rebound compared to the morning of the 8th, though it retreated again compared to midnight on the 9th. From the chart pattern, a bullish engulfing has formed, with the last candlestick closing as a positive (green) candle, and the price above the open—this is a signal that the bulls are attempting to regain control.

In terms of trading activity, it appears somewhat subdued. Trading volume has continued to shrink, clearly retreating from a few hours earlier. The simultaneous decline in price and volume reflects decreasing market participation and a strong wait-and-see sentiment.

What do technical indicators suggest? The MACD shows no clear direction but has signs—its histogram remains positive and gradually lengthens, indicating that bullish momentum is quietly building. The KDJ is in the neutral zone (58), and no clear golden cross or death cross signals have formed yet.

Regarding trading strategy, based on technical analysis, the reference levels are:

• Buy zone: 89489.0～90226.77, with 89489.0 as a recent key support
• Sell target: 93161.0～94303.4, with 94303.4 as a recent high
• Stop-loss: Long positions at 89775.64, short positions at 94774.92

Resistance is set at 93161.0, and support at 89489.0. Overall, although there are signs of bullish buildup, the light trading volume limits upward momentum. Future focus should be on whether volume can support further price movement.