#隐私币生态普涨 1.10 BTC market review:

From the daily chart perspective, the price has formed a weak pattern of consecutive bearish candlesticks engulfing bullish ones. The moving average system shows a downward divergence, and the MACD histogram contraction indicates increased selling pressure, with both the fast and slow lines moving downward. The price has broken through the lower support of the Bollinger Bands.

The four-hour chart shows an N-shaped correction trend, with moving averages continuing to expand downward, and the bearish pattern remains unchanged. If the previous low point is lost again, it is technically very likely to form a death cross signal, at which point the downtrend will be further confirmed.

In terms of strategy, conservative operations can consider placing short positions in the range of 105000-105600, with a stop loss set above 106200. The target levels are sequentially aimed at the key support areas of 102000, 100000, and 98000.