Bitcoin four-hour chart trend warrants attention.



The extreme decline has been completed, and it is now clear that we are entering a bottoming phase. Overbought zones show a divergence, which is a clear signal indicating that the momentum for technical correction is accumulating. When will a genuine rebound occur? The probability of conditions being ripe is increasing.

The short- and medium-term moving averages are beginning to converge, which is a key signal. Previously, in a bearish trend, the three lines were diverging widely; now they are gradually coming together. The moving average system is about to enter a consolidation phase, leaving enough momentum space for a trend reversal.

Looking at the open interest—steadily rising—clearly reflects that the buying force at low levels is continuously strengthening.

Specific levels: Bitcoin has support around 87,700 and 87,000, with resistance zones near 88,700 and 89,000.

#Strategy加仓BTC $ETH
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MetaverseHomelessvip
· 12h ago
Hmm... the moving average convergence again. Every time I say this, I have to wait a long time for the rebound.
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0xTherapistvip
· 12h ago
Moving averages are consolidating tightly, and the buying power at lower levels is gathering momentum. This rhythm is indeed something special. Let's wait and see if the 87,000 break happens.
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RegenRestorervip
· 12h ago
We really need to hold this 87,000 level, or else we'll be back to eating noodles again. This bottoming process feels a bit promising.
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YieldFarmRefugeevip
· 12h ago
Is this 87,000 support really that strong? It feels like it’s been broken a few times without any reaction.
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GhostChainLoyalistvip
· 12h ago
The moving average convergence looks really smooth, and when the buying power at the low levels picks up, confidence is boosted.
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