Bitcoin Technical Analysis: The current 4-hour Bollinger Bands show a downward trend, and technical indicators exhibit lagging phenomena. The market is in a stage of oscillation recovery after a decline. Short-term technicals indicate signs of an oversold rebound, with the 1-hour level showing a drop to around 85260 before entering a range consolidation. Currently, the market is dominated by small bearish and bullish candlesticks, and the forces of bulls and bears are temporarily in a balanced game state. The Bitcoin price operates below the middle line of the Bollinger Bands, with the upper line at 88300 forming a key resistance level, while the previous low of 85200 serves as a reference for support. In terms of technical indicators, the MACD fast and slow lines (DIF and DEA) have formed a death cross below the zero axis, and the histogram remains negative, indicating that bears are dominant, but there is a short-term demand for a rebound and recovery. It is crucial to closely monitor the effectiveness of the breakthrough at the upper resistance level: if accompanied by a volume breakout, it may open up upward space; if multiple attempts fail, it could test the lower support. Overall, the short-term technicals point to signals of an oversold rebound, and it is recommended to focus on buying on dips during the afternoon session. Bitcoin can set up long positions in the 86000-85500 range, paying attention to the performance around 87500; Ethereum can gradually enter long positions in the 2830-2800 area, targeting the 2900 level. $BTC #美联储官员集体发声