Today's public thinking reference:
On the 4-hour chart, multiple attempts to break 92,000 encountered resistance and pulled back, with the 200SMA/EMA forming a dynamic strong resistance. The MACD bearish momentum has not diminished, and the rebound is weak.
On the weekly chart, the 21/50-week SMA is about to form a death cross, RSI < 41, indicating a mid-term bearish trend, with a deeper correction possible around mid-month.
Bitcoin: Rebounded to around 91,500-92,000 and then declined southward. First target 90,000, reduce positions; second target 89,000. If the situation changes unfavorably,
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