GObtc
Bitcoin 4-Hour Technical Analysis:
Trend Analysis
1. Price Dynamics:
Current Price: 88,598.0 USDT (latest 4H closing price)
- Short-term
Trend: The latest 3 four-hour candles show a "two bearish candles with one bullish candle" pattern (89,005→87,899→88,598), with the price oscillating in the 87,900-89,000 range, slightly breaking below the 7-day moving average (currently about 88,200), indicating short-term resistance.
- Mid to Long-term
Trend: The 20-day moving average (around 89,500) remains upward, but the price has failed to break the previous high of 92,400, forming a "lower high" struct
View OriginalTrend Analysis
1. Price Dynamics:
Current Price: 88,598.0 USDT (latest 4H closing price)
- Short-term
Trend: The latest 3 four-hour candles show a "two bearish candles with one bullish candle" pattern (89,005→87,899→88,598), with the price oscillating in the 87,900-89,000 range, slightly breaking below the 7-day moving average (currently about 88,200), indicating short-term resistance.
- Mid to Long-term
Trend: The 20-day moving average (around 89,500) remains upward, but the price has failed to break the previous high of 92,400, forming a "lower high" struct