#美国非农就业数据未达市场预期 Bitcoin in this weekend's market movement has been somewhat "hesitant." Although the price surged to around 91,200, each rebound appears weak—it's clear that the resistance zone above is pressing down hard. The previous bullish trend is now basically coming to an end, so a further downward correction is highly likely.



From a technical perspective, the daily MACD has already crossed to the downside, with the green bars expanding; the 4-hour chart is even more evident, as the short-term moving averages have been effectively broken. Simply put—bullish momentum is gradually waning. Coupled with the noticeable slowdown in new capital entering the market, the rebound strength is even weaker. As a result, it’s unlikely that a significant upward move won't be followed by a notable decline.

In trading, it is recommended to maintain a bearish outlook, focusing on the key support zone around 89,500-90,000. If this level cannot hold, the downside space will open further. Specifically, consider shorting at the rebound levels of 91,500-92,000, with targets around 90,000-89,500, which could lead to a more stable win rate. $BTC
BTC0,79%
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Blockblindvip
· 5h ago
It's the same old story... Every time, they say the downside potential will open up, and what happens? The bears are already exhausted, do they need to be suppressed further? A death cross on the MACD just automatically indicates a decline? That's a bit presumptuous. Slowing capital inflow ≠ a decline is coming; don't mistake speculation for analysis. Shorting at 91500 sounds good, but I'm just worried it might be another ploy to cut the leeks. Non-farm payroll data is bearish for BTC, yet it hasn't turned to dust; what does that really mean? Is that support at 89500 really that strong? I want to see how long it can hold. Every technical analysis looks so perfect, but reality always proves us wrong. Are you used to it?
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DuckFluffvip
· 5h ago
You're bearish again? Let's see if 90,000 can hold, and we'll go from there. Anyway, I'm just going to keep lying low and wait and see.
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ContractCollectorvip
· 5h ago
The 91200 level keeps getting hammered down repeatedly, and I know this bullish move has no more stamina. The real bottom-fishing opportunity hasn't arrived yet, so don't rush.
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HashBanditvip
· 5h ago
ngl this macd death cross screaming "been there done that" vibes... back in my mining days we used to call this the capitulation setup. gas fees would spike right before dumps like this lol
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DaoResearchervip
· 6h ago
According to the technical indicator system in the white paper, the phenomenon of the MACD death cross has actually shown signs in the on-chain data of governance proposals. It is worth noting that the hypothesis of bullish momentum exhaustion holds within a 95% confidence interval, but the problem is—improper incentive mechanism design can lead to distorted signals for capital inflow. It is recommended to first read the section on the BTC economic model, and you'll understand why the rebound always feels weak and powerless.
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