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On the Bitcoin macro daily chart level, the candlestick pattern shows continuous bearish candles, with the price below the moving average. The attached indicator has formed a death cross and is trending downward, making the overall downtrend very obvious. Maintain a short-term, sell-on-rallies approach!



On the short-term hourly chart, both yesterday's intraday and the European session saw the price break below the previous day's low. The US session did not continue the move but instead consolidated. After a correction this morning, there was another rejection at resistance, and currently, the candlestick pattern remains bearish with the price below the moving average. The attached indicator has formed a golden cross but with reduced volume, so we still expect the downtrend to continue today!

Short at the current price around 84,600, stop loss at 85,100, target 83,000! #比特币行情观察 $BTC
BTC0.09%
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