BTC weakens on the 4-hour chart: price and volume both fall + KDJ death cross, these levels need attention

[Crypto World] Took a look at BTC’s recent 4-hour K-lines, and the trend is looking a bit weak.

Starting from 8 PM on December 2, the price has been dropping all the way down. The low at 4 PM on December 3 was directly breached, and the decline became more pronounced in the early hours of December 4. Although there were a few small green candles in between, it still closed in the red, with the closing price suppressed below the opening price. More importantly, trading volume is shrinking—the trading activity in the previous hours has clearly cooled down. The drop in both price and volume signals, plainly speaking, a quiet market with not many participants.

From a technical perspective, looking at a few indicators: MACD doesn’t show a clear direction right now—the histogram is still positive, but each bar is shorter than the last, showing bulls are clearly losing steam. The KDJ is even more direct—it has already formed a death cross, and the value has surged to 96, clearly in the overbought region. Also, the MA10 was above the MA30 at 4 AM and 8 AM on December 4, which is a typical bearish sign.

If you want to trade, here are some reference points for the current levels:

• Support is around 83,610; the recent low was 84,677.87
• Resistance is at 96,532; previously, it reached a high of 93,543.04 before pulling back
• If you want to bottom-fish, you can consider entering in batches at 88,300 or 85,122, with a stop loss below 84,254
• For shorting on a rebound, watch the 93,982 and 96,532 levels, with stops above 94,010

All in all, with the current market situation, it’s better to stay on the sidelines and avoid chasing.