4-hour market analysis of Bitcoin: current price 83954. The Bollinger Bands are narrowing, and the market is entering a key turning window. The current price is running closely along the Bollinger middle band, with the middle band at 83963 providing support and the lower band at 82776 serving as the key line of defense for bulls.
The KDJ indicator is rebounding upward from a low level, showing indicator recovery and gradually emerging short-term rebound potential. The MACD green histogram is continuously shrinking, bearish momentum is being depleted, and selling pressure has clearly eased compared with before.
In the past 24 hours, after retesting 82563, price quickly recovered without continuing to make new lows, indicating solid support below. This round of pullback is a consolidation shakeout after an upward move, and the long-term bullish trend has not reversed.
Once volume expands and price breaks above the Bollinger middle band, the market will begin a rebound. During trading, stay disciplined, avoid frequent operations, and set stop-losses properly before positioning.
Trading suggestion: build a long position around 83200-83700, target 84000-84500, and if the breakout continues, look for 85100#英伟达批准1500亿美元回购 $BTC
The KDJ indicator is rebounding upward from a low level, showing indicator recovery and gradually emerging short-term rebound potential. The MACD green histogram is continuously shrinking, bearish momentum is being depleted, and selling pressure has clearly eased compared with before.
In the past 24 hours, after retesting 82563, price quickly recovered without continuing to make new lows, indicating solid support below. This round of pullback is a consolidation shakeout after an upward move, and the long-term bullish trend has not reversed.
Once volume expands and price breaks above the Bollinger middle band, the market will begin a rebound. During trading, stay disciplined, avoid frequent operations, and set stop-losses properly before positioning.
Trading suggestion: build a long position around 83200-83700, target 84000-84500, and if the breakout continues, look for 85100#英伟达批准1500亿美元回购 $BTC
