How are the brothers doing? There wasn't much posting yesterday, and the US market was closed, basically maintaining a narrow range of fluctuations. As I mentioned earlier, we wait for a pullback before going long again. Currently, Bitcoin has fallen into a narrow range of oscillation, but after a slight intraday pullback, it failed to break through the neckline support. However, the technical chart has shown a small M-top pattern trend, a typical signal of 'volume-price divergence.' Here, the bullish momentum has somewhat weakened, and short-term pullback pressure is accumulating; you need to pay attention to this.
From the indicator perspective, the 4-hour RSI has entered the overbought zone and has started to turn down. The MACD has formed a death cross above the zero line, and the bulls are gradually reducing volume. Signs of short-term momentum conversion are appearing, while the 4H KDJ indicator has shown signs of 'death cross resonance' after becoming dull at high levels, indicating a need for adjustment at smaller levels.
Regarding support, everyone should still pay attention to the last support line we mentioned earlier, around 88000-89000. The upper pressure should be focused on the 93000-94000 range, which is not only the pressure point of the previous high point connection but also corresponds to the upper band of the hourly Bollinger Bands and the 20-day moving average suppression resonance area. At the same time, it corresponds to the potential 'top divergence' trigger point of the RSI, making it the optimal area for entering short positions.
As always, it's better to miss the ambiguous opportunities during fluctuations than to blindly enter and endure unnecessary volatility. The core of trading is to seize the deterministic opportunities of 'multi-factor resonance,' rather than betting direction in chaos. $BTC #币安HODLer空投AT $ETH #加密市场反弹




