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After the opening of the day, the market showed a pullback. At this time, the Bollinger Bands are narrowing and flattening, with short-term moving averages forming a support level around the middle band and EMA200. The MACD fast and slow lines have crossed and are diverging upwards, with higher trade volumes in the energy bars, but the KDJ indicator shows a trend of turning down again, while the VR indicator hovers around the value of 80.
From the 4-hour timeframe, the candlestick chart shows consecutive bearish declines, breaking below the EMA200. Although the Bollinger Bands are running upwards, they have slightly contracted. The MACD fast and slow lines show a tendency to turn downwards, and the energy bars are starting to decrease in volume. The KDJ indicator has crossed downwards, and the VR indicator is consolidating around the 140 level. In summary, after yesterday's rise, the market has now entered a pullback adjustment phase.
Evening short-term suggestions, Bitcoin 86500-87000, target looks at 89000#BTC