The three moving averages for Bitcoin at the daily level are still in a converging state, and it is very likely that it will enter a state of decline and consolidation afterwards. Moreover, the blue 60 moving average around $90,000 is the most recent and strongest support level.

Additionally, the MACD is in a bearish arrangement, and the red momentum bars are gradually strengthening, indicating an overall bearish trend.

The RSI is below the middle line, and market sentiment has gradually shifted from cautious to bearish. Therefore, we can simply and crudely determine from the daily Bitcoin chart: bearish.

Now let's look at the 4-hour level.

The 4-hour Bitcoin candlestick chart shows significant volatility recently, especially after a considerable drop on December 19 and 20, followed by a slight rebound.

The current price has encountered resistance and dropped again after breaking below the yellow 20 moving average. Below the price are three previous lows at the 4-hour level (positions marked with a white circle), which coincide precisely with the strong support position of the blue 60 moving average at the daily level: $90,000.

Moreover, the yellow 20 moving average at the 4-hour level has crossed below the blue 60 moving average and the red 120 moving average, forming an overall bearish arrangement, consistent with the daily level assessment: downtrend.

Everyone should pay attention to the $90,000 integer level.

The bears can make a short-term profit, while the bulls can place orders to accumulate positions gradually.

Of course, it's not just 30,843,383,089 but also 9,772,385,426,626,832,659,839.

The non-anxious way is to accumulate gradually when prices are low.