Interpretation of BTC Trend in Monday Morning Session #ETH巨鲸增持

From the 4-hour chart, the KDJ has formed a death cross and is continuing to diverge, while the MACD bearish histogram is also expanding simultaneously. However, the RSI on the 1-hour level shows a clear oversold signal.

In terms of operation, you might consider: if there is a rebound to around 88200 or 89200, you could try to short, with targets at 86000 and 85000. However, be cautious; if it drops to around 85000 without a significant volume breakout, that might actually be a good opportunity to go long.

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