Bitcoin 4-hour K-line trend analysis

Bitcoin shows a certain downward trend in the 4-hour cycle, and the K-line breaks through the short-term moving average, showing a weakening trend

However, the hourly divergence rate shows that the downward space may not be too large, and the price touches the important support belt, and the late-day trend may rebound and repair

Detailed analysis

K-line pattern

From the K-line pattern, Bitcoin has experienced a continuous decline at the 4-hour level, and the K-line has broken through the short-term moving average, which indicates that the trend is bearish in the short term

Moving average analysis

On the moving average, Bitcoin's short-term moving average may have begun to flatten or even turn slightly downward, which is usually a signal of shock adjustment. On the moving average, if support can be provided, Bitcoin may rebound near this

Technical indicators

In terms of technical indicators, if the MACD indicator runs near the 0 axis, Bitcoin may enter a consolidation state. If the MACD runs below the 0 axis, it may indicate that Bitcoin will continue to fall

Ether synchronization is sufficient

From the 4-hour K-line trend of Bitcoin and Ethereum, we can see that both show certain signs of weakness, but the bottom divergence pattern of the MACD indicator may mean a rebound in the short term. It is recommended to pay close attention to the test results of the respective support levels and the potential turning points on the moving averages, which are important signals for short-term trading.