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Bitcoin 4-Hour Technical Analysis:
Trend Analysis
1. Price Dynamics:
Current Price: 88,598.0 USDT (latest 4H closing price)
- Short-term
Trend: The latest 3 four-hour candles show a "two bearish candles with one bullish candle" pattern (89,005→87,899→88,598), with the price oscillating in the 87,900-89,000 range, slightly breaking below the 7-day moving average (currently about 88,200), indicating short-term resistance.
- Mid to Long-term
Trend: The 20-day moving average (around 89,500) remains upward, but the price has failed to break the previous high of 92,400, forming a "lower high" structure, which warrants caution for potential pullback risk.
2. MACD Indicator:
-DIF: -120 (crossing below DEA line, negative value expanding)
-DEA: -80 (sloping towards flat)
- Histogram: Four consecutive green bars increasing, indicating strengthening bearish momentum.
Conclusion: Sideways to bearish (MACD death cross and price under key moving averages).
Trading Recommendations
Direction: Cautiously bearish (waiting for confirmation signals)
Entry Plans (4H timeframe):
- Plan 1 (Aggressive Short):
- Entry Price: 88,800-89,200 (retest of previous high resistance)
- Target 1 (3 periods): 87,500 (previous low support)
- Target 2 (5 periods): 86,000 (December 18 low)
- Stop Loss: 89,600 (break above 20-day MA and reverse)
- Trigger Condition: Enter short after 4H close below 88,000.
- Plan 2 (Bullish Defense):
- Entry Price: 87,000-87,300 (support zone)
- Target 1: 88,500 (moving average retest)
- Stop Loss: 86,500 (below strong support)
Risk Warning
1. Liquidity Risk: Market activity may be thin at year-end, amplifying price fluctuations.
⚠️Note: The above suggestions are for reference only and do not constitute investment advice.#加密行情预测