Crypto Circle Sister Red 1.23 (Written at 0:33) Today's Bitcoin (BTC) latest market analysis and trading suggestions: #加密市场回调 #美股收盘三大股指暴跌 #沃什成美联储主席最大热门 $BTC $ETH

Bitcoin is currently around 89,000. Fans know that in the last round, the big pancake was shorted near 87,000 and they positioned for low buy-hold. The intraday rebound above 89,000 was met with resistance and pulled back. Sister Red recommends reducing positions and taking profits. From the 4H chart technical indicators, the market shows a clear bearish dominance. The moving average system is in a bearish alignment, with EMA5(89297) below EMA10(89628) and MA20(90474), and the price is trading below all major moving averages, indicating strong short-term downward momentum. The MACD indicator shows DIF(-1132) above DEA-1162(, forming a convergence pattern, with no death cross yet. The green histogram)60 indicates shrinking volume, so watch out for a potential second golden cross forming a bullish divergence! The BOLL indicator shows the price near the lower band, with three lines trending downward. The price is close to the Bollinger Band lower band, suggesting a possible retest of yesterday’s low in the short term. It is recommended to focus on intraday oscillation highs for short positions. Currently, it is not advised to chase shorts. The RSI lines are oscillating at low levels, with a possibility of an oversold rebound at any time! The KDJ lines show a head-down turn at the top, intentionally converging, with a main strategy of high shorting!

Selling points: ≥90500 light short, stop loss above 91700. Take profit at 89500-88500-87500. If breaking below 87000, consider holding.

Buying points: ≤87500 light long, stop loss below 86500. Take profit at 88500-89500-90500. If breaking above 91000, can continue to target around 92000.

There is a delay in article review and push, so the above levels are for reference only. Please grasp the trading opportunities yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!