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The four-hour level market data has entered a weak continuation phase: the Bollinger Bands are continuously opening downward, with prices consistently under pressure below the middle band; although the MACD green bars are shrinking, the DIF and DEA are still operating below the zero axis, and both KDJ and RSI are in a low-level oscillation, forming a typical pattern of "the fall has not stopped, and the rebound is weak."
Short-term multiple small-level rebounds have just reached the resistance level and were quickly suppressed by the bears, falling back into the downtrend channel, with the bulls completely lacking the momentum to "stand firm". It is recommended to use the high-Kongbu orange as a good strategy for the day.
The Bitcoin Rebound is near 95500-96300 for short positions, targeting around 94000-92000 #BTC .