In the past 4 hours of candlestick movement, there has been a technical rebound in the lower band area, but the bearish trend remains unchanged. The middle band and MA30 form a core resistance zone.

Technically, the MACD red histogram is expanding, and DIF and DEA are forming a dead cross and converging; the KDJ three lines are near the oversold area, RSI is approaching 25 and showing weak upward momentum, indicating strong short-term bearishness, and the conditions for entering long positions are not yet mature.

On the daily chart, the MACD red histogram is expanding, RSI is turning downward, KDJ bearish divergence is evident, and the candlestick has broken below the lower band support. It is still recommended to focus on high leverage.

Bitcoin: Range around 86,500-87,000, with a rebound at 87,500, and further downside targets at 85,500-84,000.