Bitcoin is currently still in a high-level consolidation pattern, with short-term expectations of exploring the bottom area downward. It would be more prudent to consider entering only after a clear sign of a trend reversal appears. From the 4-hour chart, the price still has moving average support below. However, from the daily chart perspective, the MACD has already formed a death cross and started to move downward, but it has not yet been accompanied by increased volume, indicating that the downward momentum is not yet sufficient. As long as Bitcoin continues to operate above 90,000, the overall trend remains relatively healthy. It is important to pay attention to the 90,500-91,500 range, as it could become a key support or rebound point.

BTC-4,47%
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FlatTaxvip
· 20h ago
Wait, you're saying the trend is healthy even after a death cross? That logic is a bit shaky. I think it needs to break below 90,000 to see the real action.
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GasFeeLovervip
· 20h ago
Wait, can the support at 90500-91500 really hold? It feels like the breakdowns have been quite quick recently...
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DefiVeteranvip
· 20h ago
Waiting for a sign of a trend reversal? I think this is just a signal to cut the leeks.
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