Good evening everyone, Bitcoin has temporarily gained short-term support at the 87300 line, but the overall market presents characteristics of "weak repair and lack of momentum". The medium to long-term bearish dominance has not changed, and the market still faces pressure to fall back.

The daily chart shows a typical weak consolidation, and the price faced significant selling pressure when it reached the 7-day moving average, directly confirming that the medium-term trend is still dominated by bears. The Bollinger Bands maintain a slight opening state, with the middle line continuing to decline, creating pressure. Although the short-term moving averages have temporarily flattened, they lack the momentum support to turn upwards. The MACD fast and slow lines have completed a downward cross below the zero axis, officially confirming the bearish trend. Currently, the volume shows a contraction characteristic, only reflecting a slight alleviation of short-term selling pressure, and has not changed the core tone of "bearish consolidation after volume expansion." Market funding willingness is low, and this round of rebound essentially belongs to a technical correction, rather than a trend reversal signal.

Looking at the 4-hour chart, after a brief breakout of the Bollinger middle line, it failed to hold, and immediately fell back. The contraction of the Bollinger Bands indicates that the market is approaching a directional choice window. Although the MACD fast and slow lines have golden cross again and the volume bars have turned red, the KDJ indicator has entered the overbought area (close to 100) and shows signs of turning down.

Key positions and trading strategies

Bitcoin around 88500-89000 short, target looking towards 87000.

Ethereum around 2950-2970 short, target looking towards 2830$BTC #美国伊朗对峙 $BNB #Strategy增持比特币 $ETH #美联储利率决议