The current short-term trend of Bitcoin is weak, especially near the support level and the 4-hour EMA20. If it cannot effectively rebound, it may further break below the support zone and pull back to a lower price range. The MACD indicator shows strong short-term selling pressure, with the gap between the MACD line and the signal line widening, and the MACD histogram is also in the negative zone, indicating a bearish market sentiment, which may lead to more selling pressure in the short term. $BTC #ZhangSanAlpha
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The current short-term trend of Bitcoin is weak, especially near the support level and the 4-hour EMA20. If it cannot effectively rebound, it may further break below the support zone and pull back to a lower price range. The MACD indicator shows strong short-term selling pressure, with the gap between the MACD line and the signal line widening, and the MACD histogram is also in the negative zone, indicating a bearish market sentiment, which may lead to more selling pressure in the short term. $BTC #ZhangSanAlpha