On the 1-hour chart, the BOLL upper band is showing a narrowing downward trend, indicating that the rebound space above the price is being restricted. Meanwhile, the green bars in the MACD indicator are gradually shrinking, and the DIF and DEA lines are about to form a golden cross pattern, showing that short-term bearish momentum is weakening. However, the KDJ indicator has shown a top divergence and a signal turning down, suggesting that the rebound may be nearing its end.

Moving to the 4-hour level, the trend still faces pressure. The lower band of BOLL continues to extend downwards, and the middle band exerts strong pressure on the price. In the MACD indicator, the red bars are shrinking, and the DIF/DEA lines maintain a death cross and open downwards, indicating that the medium-term bearish trend has not changed, and the probability of short-term price fluctuations downward is quite high.

Bitcoin: range around 87800-88800, add at 88700, look down to 86800-84800 #BTC