$BTC

The large pancake currently has a 4-hour moving average turning bearish, but the MACD shows a golden cross, indicating inconsistent directions. It is reasonable to expect some fluctuation here for a while, which is also consistent with the analysis that the daily line move has not been completed.

It is best for this variety to create a new low after the 4-hour turns bearish, and then one can bet on the daily bottom formation, with the extreme position of the daily bottom formation possibly occurring here.