The four-hour Bollinger Bands have flattened, indicating that Bitcoin is entering a sideways repair phase. After a previous decline, the bullish and bearish volumes are temporarily balanced, and the short-term direction is chaotic, so there's no need to overthink. The major cycle is clearly dominated by a bearish trend, with rebound momentum gradually weakening. The downward technical logic outweighs rebound expectations. In trading, avoid guessing tops or hesitating; only short on rallies. ✅ Core operation: Enter short positions around 91,500, with targets sequentially at 89,500 and 88,000.
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1.12 Morning Bitcoin Strategy | Sideways Repair Hides Killers, Bearish Trend Awaiting Momentum
The four-hour Bollinger Bands have flattened, indicating that Bitcoin is entering a sideways repair phase. After a previous decline, the bullish and bearish volumes are temporarily balanced, and the short-term direction is chaotic, so there's no need to overthink.
The major cycle is clearly dominated by a bearish trend, with rebound momentum gradually weakening. The downward technical logic outweighs rebound expectations. In trading, avoid guessing tops or hesitating; only short on rallies.
✅ Core operation: Enter short positions around 91,500, with targets sequentially at 89,500 and 88,000.