Today’s coin price continued the previous correction trend, showing a series of downward tests. The low point was also refreshed to below the 91,000 level. The current retracement pace of the price remains ongoing. Tonight, the price did not follow the US stock market’s continuous rise to give a substantial rebound, but instead experienced a rapid decline during the US stock index’s pullback phase. This indirectly indicates that the recent market behavior is still following the previous rhythm, with the tug-of-war process intensifying and continuing.

Looking at the four-hour chart of Bitcoin, after falling below the midline, the price again formed four consecutive bearish candles, testing the support at the lower band. The long lower shadows on the candlesticks suggest strong support around the 91,000 level below the lower band. Currently, the MACD histogram still indicates a bearish dominance, and the Bollinger Bands are showing signs of opening up again. If the price breaks below this support level in the future, it will further test lower levels.

In the short-term hourly chart, after a series of quick downward tests with consecutive bearish candles, the price touched the support below and has shown some rebound correction. The price continues to fluctuate around the 91,000 level, with the recent downward movement absorbing most of the previous upward space. The current hourly MACD histogram shows a weakening trend. As US stocks are about to close, after a significant retracement, the price will inevitably face a rebound correction. Therefore, the strong support below has no short-term breakout possibility. The short-term trading strategy mainly focuses on retracements and buying on dips for rebounds.

For Bitcoin, consider going long around 90,800, watch for 92,000. For altcoins, consider going long around 3,100, watch for 3,200. #预测市场争议 #美司法部抛售比特币