BTC 4-Hour K Line Trend Overview

From the recent 4-hour K line, the current price has shown a slight increase compared to 2026-01-23 12:00:00, but has pulled back compared to 2026-01-23 16:00:00. At the same time, compared to the price level at 2026-01-23 08:00:00, the overall trend remains in an upward phase. The K line pattern appears as a small bullish candle, but the last K line is a bearish candle, with the closing price below the opening price, indicating some short-term selling pressure.

Recently, trading volume has generally been decreasing, with current volume significantly lower than in previous hours. Price and volume are moving downward together, reflecting a冷 market sentiment, low capital participation, decreased short-term trading activity, and a dominant wait-and-see attitude.

From the MACD indicator, there is no obvious trend in the current market. Although the MACD histogram remains above the zero line, the bars are gradually shortening, indicating that bullish momentum is weakening and upward driving force is insufficient.
Regarding the KDJ indicator, no clear golden cross or death cross signals have appeared, and the overall indicator is neutral. The current KDJ value is 52, showing that the market is in a relatively balanced state between bulls and bears, with no clear directional choice.

Long Position Reference
Buy Point 1: 85120.25
Buy Point 2: 88883.2421
Long Stop Loss: 87985.52

Short Position Reference
Sell Point 1: 90520.0
Sell Point 2: 93639.28
Short Stop Loss: 93657.92

Key Support and Resistance Levels
Nearest Support: 88650.0
Nearest Resistance: 90520.0
Recent High: 93191.96
Recent Low: 88427.66

Overall, based on the 4-hour BTC K line trend, the current market is in a consolidation phase, with weakened bullish momentum, shrinking volume, and no clear short-term direction. It is more suitable to operate based on key support and resistance levels, patiently waiting for volume to increase or for indicators to give a clear directional signal.