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#BTC走势分析 Midday Market Analysis: BTC is under pressure and bearish
The 4-hour chart shows that the current key support level for BTC at 91800 has not been effectively broken, and the price is likely to maintain a consolidation trend above this support in the short term. From the indicators, the pressure on the upper Bollinger Band has gradually become evident, with insufficient upward momentum, and it is important to be cautious of the risk of breaking the support level—once the 91800 support is lost, the bullish momentum of the MACD indicator will continue to weaken, and the fast line (DIF) is expected to cross below the signal line (DEA) forming a death cross pattern, further confirming the downward trend. Combined with previous trends, the 93400-94000 range is the daily 20-day moving average resistance area, and there is heavy selling pressure above, limiting the short-term rebound space.
Precise Operation Suggestions
- Short Position Strategy: Enter lightly around 92230 USD, or increase positions gradually in the 92500-93000 range for shorting, balancing safety and profit space;
- Profit Target: First target at 91800 USD, if broken, can extend to around 90000;
- Risk Warning: If it stabilizes above the 93400 resistance level, timely stop-loss is required. $BTC
