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#BTC Four-Hour Market Analysis: Major Market Bearish Trend
1. MACD Four-hour below zero line indicates a bearish trend. The golden cross below zero line suggests a rebound phase, but due to support and resistance interchanges causing resistance, the market is consolidating sideways! After the adjustment, the decline will continue!
2. EMA20, 55, 144 have just formed a bearish trend, currently in a buildup stage!
3. On the daily chart, MACD fast line breaks below zero, combined with the end of the four-hour correction, triggering a downward trend!
4. The four-hour upward trendline has been broken, but there is no acceleration in decline; the market may be in a false breakout or other interference signals!
5. The major high and low points are gradually decreasing! indicating a clear bearish market trend!