#美国就业数据表现强劲超出预期 $BTC Market Analysis:
Why has there been another pullback? It's simple—Bitcoin is stuck below 88000, so it naturally has to take a step back. Isn't that quite normal? Look at the place indicated by the white arrow above, where a shooting star line has appeared again, indicating selling pressure here. Bulls are struggling, but they can't gain traction; after all the effort, it's all in vain. It's like going to work without a salary; what's the motivation to keep going? Forget it, just let it develop casually.
The yellow box area is also showing signs—bearish engulfing patterns are appearing one after another, and various signals point towards a pullback. The key is that Bitcoin has already broken below the neckline at 86557, barely holding up against the support of the lower boundary of the triangle. Once this line is broken, 85000 will come immediately.
To stop this wave of decline, there is only one way: it must regain 86557, otherwise, everything is in vain.
If 85000 can't hold up either, then it will rush towards the previous low of 83700 to look for a stop-loss signal. If it can't be stopped, it will utterly cool off.
**Trading Strategy**
If there is a volume breakthrough on the right side of 86760, chase the long; if it drops below 86286 with volume and fails to recover, follow the short on the right side. Remember to set a stop-loss.
On the hourly level, if it breaks 86557, look up to targets 87172-88017; if it can't stabilize at 86557, don't expect it to rise.
Looking at the 4-hour cycle, after breaking 86087, look down to 85227-83777; if 86087 can't recover, 85227 will naturally be hit, no rush.
**Fibonacci Perspective**
From the Fibonacci sequence on the hourly chart, the target for this wave of decline at a 1:1 ratio is at 83592. If it really drops to 83592 and can't hold the previous low of 83777, a new low will occur. In that case, you will soon see the position of 1.618.
When it first hits near 83592, it will certainly rebound, but if the rebound cannot make a higher high, breaking 83592 will be imminent. Once it breaks, everything that should come will come, and the key is to pay attention to changes in volume.