The Bitcoin market has already given a clear direction! The 4-hour chart shows a high-level oscillation leaning towards bearish, the long-short battle finally reveals its outcome, the support and resistance range is clear, and after repeated tests of key technical levels, the bears have completely gained the upper hand.
The KDJ death cross has officially landed, and the K-line has crossed below the D-line, releasing a strong bearish signal. Although the indicators have entered the oversold zone, there may be a slight short-term pullback, but the overall trend is completely biased towards the bears! After a previous round of sharp declines, although the price is hovering at a low level, the K-line combination and trading volume have already exposed the bears' ambitions.
Short near 91000-91500, target 88000.
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BTCUSDT
Perp
90,152.8
-1.94%
