BTC

The current support level in the four-hour timeframe is at the critical price of 84500. Everyone can pay special attention to the closing conditions of the candlestick charts at four o'clock in the afternoon and eight o'clock in the evening. If the closing price is below 84500, the market is likely to enter a volatile downward trend. During this period, the two support levels at 83700 and 83000 are worth noting; those intending to go long can look for suitable entry opportunities in this range, with a stop loss set at 82500. The target resistance levels above are at 85500, 86500, and 87500. As long as the four-hour closing does not break through 84500, it can be regarded as a rebound trend.