On the 4H chart, BTC price has continued to decline for three consecutive sessions, with the Bollinger Bands converging and the MACD indicator above the zero axis, indicating the market is still in a downward trend.
On the 1H chart, after the price broke below the lower band, there was a slight rebound, but with insufficient momentum.
BTC: Consider entering around 89,600-90,000, add at 91,000, targeting 88,400-86,900#BTC
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On the 4H chart, BTC price has continued to decline for three consecutive sessions, with the Bollinger Bands converging and the MACD indicator above the zero axis, indicating the market is still in a downward trend.
On the 1H chart, after the price broke below the lower band, there was a slight rebound, but with insufficient momentum.
BTC: Consider entering around 89,600-90,000, add at 91,000, targeting 88,400-86,900#BTC