#BinanceABCs Morning Bitcoin (BTC) Price Analysis

Yesterday's market once again returned to that familiar narrow range grinding pattern—oscillating in the morning, then suddenly a strong upward move in the evening, but quickly reversing, a typical scenario where both bulls and bears are testing each other. From a macro perspective, the bears still hold the steering wheel. Although the MACD has formed a golden cross below the zero line and the green histogram is shrinking, the downward momentum remains unabated.

Looking at the 1-hour chart, the Bollinger Bands have already opened downward, fully revealing the downside space. On the bearish side, increasing volume continues, showing a one-sided trend of consecutive red candles and sharp declines.

Regarding trading strategy for Bitcoin: consider shorting opportunities in the 86,500 to 87,500 range, targeting the 84,000 to 85,000 zone.