#贵金属黄金与白银刷新历史高位 BTC 1-Hour Chart Shows a Red Light: Bearish Momentum is Strong, Short-term Downward Pressure Highlights

Just finished reviewing BTC's recent movement, dropping from a high of 95490 all the way down to 87787.2, then rebounding to 89167 — but honestly, this rebound lacks momentum; it's just a technical breather.

How to interpret the technicals? The Bollinger Bands are opening downward, which is a classic bearish signal. The MACD is even more straightforward: the DIF line is firmly below the DEA line, green bars are converging but the overall downward structure remains, indicating bearish energy is still being released.

On-chain data also tells a different story: large transfers are happening frequently, coins are flowing into exchanges, and selling pressure is clearly present. Macro uncertainties are increasing, market sentiment is cautious, and this is not just a normal correction but a further confirmation of a bearish trend.

Based on my years of trading experience, BTC still has the potential to test lower levels in the short term, targeting the support zone around 87000-86000. Rebounds are likely to lack follow-through. Don't be fooled by small upward movements; crypto markets change rapidly, and making profits depends on disciplined execution and emotional control.

Current trading approach: buckle up, wait patiently, and don't rush to catch the bottom. Keep a close eye on key data changes and adjust your strategy immediately if there are any anomalies. Frequent sharp declines happen in bull markets, and rebounds are common in bear markets, but true winners are never scared by short-term volatility.