The 1-hour K-line chart for BTC has once again validated my strength! As a top trader, I predicted this bearish market earlier, and now the technical indicators, on-chain data, and news all echo my analysis. In the short term, the market remains bearish, so don't rush to buy the dip!
The technical indicators are clear: the Bollinger Bands are opening downwards, the price is fluctuating at a low level, and the MACD fast and slow lines are firmly pressed below the zero line. Although the green bars have shortened, the bearish strength still dominates. This is not a coincidence but a continuation of the trend!
The on-chain data is also not optimistic: large address transfers are frequent, selling pressure has clearly increased, and smart money is quietly exiting. Coupled with the latest news, global regulatory scrutiny is tightening, and market sentiment is low, all of which are intensifying downward pressure.
Key levels to watch closely: 87504.3! This is the support level I have repeatedly emphasized. Once it breaks, the downward space will be completely opened up, so don't say I didn't warn you! My analysis has never been a guess; it is backed by solid data. The previous predictions are being confirmed step by step, and this is a testament to strength!
The crypto world is all about patience and discipline. I have confidence in myself and hold a deep respect for the market. Fans, keep pace with me, operate cautiously, and don't let emotions lead you astray! Remember, the truth always stands on the side of data!
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