Bitcoin Trend Analysis Today

Daily chart: The decline is smooth; although there have been rebounds, they are weak. Indicators are all in a death cross and show no signs of turning back, indicating further downside potential.

4-hour chart: After a series of rebounds, three consecutive bearish candles have appeared, indicating significantly insufficient bullish momentum. The key resistance level above has not been effectively broken. The RSI has turned from flat to a death cross, and the overall pattern remains bearish. Intraday short-term trading is recommended to focus on selling on rallies.

Upside resistance: 93000-94000
Downside support: 87500-86500