BTC 4-hour technical analysis, including moving averages, candlestick patterns, volume, and indicator dimensions. Core technical analysis: The moving average system indicates a short-term trend chart with MA5-90729 and MA10-90679 both above the price, showing a downward turning point and forming a short-term bearish arrangement, suggesting short-term bullish momentum is exhausted, and the price is clearly under pressure from the moving averages.


Medium-term trend: MA30-92052 is also above the price, with a widening gap from the short-term moving averages. The medium-term trend also leans towards bearishness, and there are no signs of stabilization or reversal.
Candlestick patterns and trend structure: After the previous price surge to 95064, a double top pattern formed (the second high did not break the previous high). Subsequently, a downtrend began, typical of a peak and pullback. Recently, after falling to 89283, the candlestick showed a small bullish rebound, but the rebound was small with a short body, indicating a weak rebound candlestick. No reversal patterns like bullish engulfing appeared, suggesting the support below is only temporary, and there are insufficient reversal signals.
Overall, the trend is in a downward channel, with the price moving along the channel's lower boundary. Each rebound is suppressed by resistance above, with bears dominating the market rhythm.

Trading suggestions:
Bitcoin 90700-91200 range, target around 89000
Ethereum 3120-3170 range, target around 3000
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