The large pancake is on the hourly level, undergoing a short-term adjustment. After dipping below the middle band of the Bollinger Bands, it has fallen back into the range between the middle and lower bands, with the lower band showing signs of a turnaround.

The technical outlook is weak, with the KDJ three lines running below 50, not yet reaching the oversold area; the MACD green bars below the zero line are shrinking, indicating a decrease in bearish strength, while bullish counterattack intentions are strong. The current narrow fluctuations are part of a rebound accumulation phase.

Operation suggestion: Buy directly near 89000, with targets set at 92500, 93500, 94500$BTC #美联储降息 .