BTC Morning Analysis: BTC is currently at 88500, with the price being suppressed by MA240 on the 4-hour chart in the evening, as expected, showing a pullback trend. Previously, it was indicated that this position is a key resistance level, and the short order is currently in a holding state. The current Candlestick is finding support at the MA30 position, and a short-term oversold rebound is expected; it is recommended to reduce position and hold the short order. In the MACD indicator, the green bars are noticeably shrinking, and the DIF and DEA are converging for the second time, likely forming a death cross and higher trade volumes; the KDJ three lines are spreading downwards to around 15, indicating that the market may dip again and break below the lower band. The trading strategy remains focused on high short positions, with attention on the four-line resistance levels of MA90, MA120, MA150, and MA200 for short order layout, and the defense level set between MA240 and the previous high point range.

On the daily chart, the Candlestick forms an upper shadow pin shape, retracing above the middle band, currently continuing to decline and approaching the MA7. The daily chart is likely to close with a bearish candle after three consecutive bullish candles. The RSI three lines touch 52 and then turn down, confirming the need for a retracement in the market. In the short term, attention should be paid to whether the MA7 can provide effective support; if it breaks, the market will further decline.

Short order strategy: Short with light position when the price ≥ 89500, set stop loss above 90500, take profit target 88400-87400; if it breaks below 87000, you can continue to hold until below 86000.