The large pancake $BTC currently has a 4-hour moving average turning bearish, but the MACD shows a golden cross, indicating inconsistent directions. It is more reasonable to oscillate here for a while, which aligns with the analysis that the daily chart hasn't completed its move downwards. It is best for this variety to create a new low after the 4-hour turns bearish, and then we can bet on the daily chart's bottom fractal. The second target mentioned yesterday is at 89500, and the extreme position of the daily bottom fractal could be around here.
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