The current technical analysis of Bitcoin is as follows: The 1-hour level shows that the BOLL upper track is narrowing downwards, indicating limited upward space; the MACD green bars are gradually decreasing, and the DIF and DEA are about to form a golden cross, showing that bearish momentum is weakening in the short term, but the KDJ indicator has shown signs of a top divergence, suggesting that the rebound may be nearing its end. The 4-hour cycle maintains a pressure pattern, with the BOLL lower track continuing to extend downwards, and the middle track forming a strong resistance level. The MACD red bars are contracting, and the DIF/DEA maintains a dead cross opening downwards, indicating that the medium-term bearish pattern is solid, and the probability of short-term oscillation downwards is high. Overall, the strategy suggests 'short on rallies,' where you can lay out short positions when rebounding to the 88100-90100 area, with target levels looking down to 87090 and around 86500, dynamically adjusting stop losses to control risk. $ETH #加密市场观察