Yesterday, Bitcoin has continued to decline since the evening, dipping to around 85000 at one point during the day, and then experiencing a slight rebound. The current price is consolidating around 86300. The high short strategy laid out yesterday has successfully achieved the profit-taking target. From the short-term 1-hour chart perspective, after the price touches the lower support of the Bollinger Bands, it rebounds and corrects towards the middle band. The KDJ has formed a golden cross at a low level and is diverging upwards, while the MACD green bearish momentum bars have noticeably shortened, indicating a certain short-term rebound demand.
However, from the daily chart perspective, Bitcoin is still operating under pressure below the lower band of the Bollinger Bands. The three lines of KDJ continue to diverge downwards without showing a reversal, and the MACD fast and slow lines have formed a death cross with the red bearish momentum bars beginning to expand, indicating that the overall bearish trend has not yet reversed. Therefore, the strategy still recommends focusing on short positions after a rebound at high levels as the main approach. $BTC #ETH走势分析

