BTC four-hour chart observation: price falls with shrinking volume, market is quiet, will the RSI oversold rebound or revisit?

[Coin World] After watching the BTC trend for a few hours, I feel this wave is quite interesting.

Starting from midnight on December 1st, the price did surge for a while, but compared to noon on November 30th, it has dropped significantly. The last large bearish candlestick closed quite poorly, with the closing price directly below the opening price, a typical bearish engulfing pattern. What's worse is that the trading volume has also shrunk, with prices falling and volumes decreasing, making the market cold as if it had entered an ice cellar, and the number of participants has clearly decreased.

From a technical indicator perspective: the MACD bars continue to pull down, with the negative value getting longer, indicating that the bearish pressure is quite significant. The KDJ hasn't shown any obvious golden cross or dead cross signals, with values hovering around 29, which can be considered a neutral to weak state. However, the RSI has already fallen below 30. Based on experience, this oversold area often results in a technical rebound, but it could also be a precursor to a second bottom testing.

If you want to operate, I personally think you can pay attention to these price levels:

• Aggressive buying can be seen around 81841, while conservative investors should wait for the 85305 line.
• The suggestion for the long position stop loss is to place it at 85718. If it breaks, don't hold on stubbornly.
• The resistance above is at 93762, if it breaks through, we can look at the area around 94172.
• The stop-loss for the short position can be set at 92824
• The support below is 86878, the recent low is 86149, and the highest reached was 92362.

In short, it's a bit awkward at this position right now, neither up nor down, let's patiently wait for signals.