Evening Analysis

On the daily chart, Bitcoin is trading within the MA20 and MA60 range. The 90500 level above is a resonance resistance point where MA60 and previous highs converge. The candlesticks have recorded consecutive long upper shadows, indicating significant selling pressure at high levels; although the MACD remains in a golden cross, the red histogram continues to narrow, suggesting diminishing bullish momentum. Without effective volume breakout, the upward space is limited.

On the four-hour chart, the Bollinger Bands are continuously narrowing, entering a typical convergence cycle; RSI has fallen back to around 45, exiting the strong zone, and after the price broke below the EMA30 support without quick recovery, upward momentum is lacking; the MACD signal lines show signs of a dead cross, with the green histogram appearing initially, indicating a short-term correction signal.

Trading Suggestions
Go long around 86500-87000, targeting 89000-89500
Go long around 2870-2900, targeting 3020-3050