#美联储回购协议计划 Bitcoin's performance on the 4-hour chart is not optimistic. The bearish pattern of the rising wedge has already appeared, with the price consistently pushed below the middle band of the Bollinger Bands. The short-term moving averages are tightly clustered, and the MACD is still struggling below the zero line. Although there is no obvious acceleration in the bears, the initiative still lies with the sellers.
Looking at the 1-hour chart for a clearer picture—repeated long upper shadows, each rally being pushed back down, indicating that the bulls have little strength. This "gap up then decline" pattern repeats, suggesting that a downward move to complete the entire pattern is only a matter of time.
Recent trading strategy: Consider shorting Bitcoin in the range of 88000-88800, with a target of 86500.
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OldLeekMaster
· 11h ago
This wave of shorting at 88,800 is really the time to get in. I didn't fully catch the bottom last time and now I'm hesitant...
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ChainMelonWatcher
· 11h ago
It's the same old story again, a long upper shadow smashing back down, the same old trick every time. Be really careful around 88000, it does feel a bit risky...
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OnchainHolmes
· 11h ago
It's the same old story again—Bollinger Bands, MACD, wedge patterns... Every time, they say it's going to fall. And what happens? I think the short position at 88,000 is probably going to be shaken out again.
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TokenStorm
· 11h ago
The 88,000 level is indeed interesting. The long upper shadow has been repeatedly hammered down, but I still think this wave might rebound a bit before dropping. After all, although the MACD is below the zero line, there is no death cross, so the risk factor is still there. Anyway, I will still place a short order at 88,500 to play around [dog head].
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GateUser-3824aa38
· 11h ago
The seller is indeed in control right now. Watching the long upper shadow repeatedly get hammered down is really pointless.
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TokenUnlocker
· 11h ago
Tsk, it's the same story again. Every time, they say the pattern needs to break out, but what happens? I'm a bit hesitant to short at 88,800, feeling like there's another rebound coming.
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RugPullAlertBot
· 11h ago
You're repeating that old, tired technical analysis again. Every time you say it will drop, but then it turns around and rises. I think the short position at 88,000 might have to be cut again.
#美联储回购协议计划 Bitcoin's performance on the 4-hour chart is not optimistic. The bearish pattern of the rising wedge has already appeared, with the price consistently pushed below the middle band of the Bollinger Bands. The short-term moving averages are tightly clustered, and the MACD is still struggling below the zero line. Although there is no obvious acceleration in the bears, the initiative still lies with the sellers.
Looking at the 1-hour chart for a clearer picture—repeated long upper shadows, each rally being pushed back down, indicating that the bulls have little strength. This "gap up then decline" pattern repeats, suggesting that a downward move to complete the entire pattern is only a matter of time.
Recent trading strategy: Consider shorting Bitcoin in the range of 88000-88800, with a target of 86500.
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