Bitcoin short-term four-hour chart shows oscillation and correction, with momentum in the consolidation phase weakening but not yet dominated by the bears.
MACD is in a death cross state, with the green bars gradually narrowing. The consolidation momentum is weakening but not completely dissipated. A low-level golden cross has just appeared, and the J-line is turning upward, indicating some rebound potential but insufficient momentum.
Kong strategy: 92,000 resistance can be lightly shorted, stop-loss above 92,800, target 88,000, if broken, look at 86,000.
#BTC