Thursday Night Bitcoin and Altcoin Strategy

On the 4-hour chart, Bitcoin repeatedly tested the resistance zone at 88,500-89,900 but failed to break through, forming a "pullback after surge" pattern. It remains under the dual pressure of the downward trendline and the MA10 moving average. The MACD indicator stays in a bearish shrinking state, with the fast and slow lines below the zero axis and close together, lacking clear directional momentum; the RSI hovers between 40-45, not entering overbought or oversold extremes, reflecting a balanced battle between bulls and bears but with a slight advantage to the bears.

On the 1-hour chart, after breaking below the 87,000 support level yesterday and touching a low of 86,542, a technical rebound occurred near 88,000. Currently, it is consolidating within the narrow range of 87,500-88,000.

Short-term resistance is focused on the 88,500-89,500 zone (middle band of the daily chart), with support at 86,000-85,000.

Evening Trading Plan
Bitcoin rebounds to the 88,400-89,000 range, targeting 87,000, with a downside target of 85,500.
Altcoin rebounds to the 2,940-2,960 range, targeting 2,900, with a downside target of 2,820.