Currently, BTC remains high, but it hasn't broken upwards. It has been consolidating between 87 and 88. At present, Zijun believes that a downward pullback for a correction is still needed. There hasn’t been much news lately, and the probability of staying in this range is quite high. Currently at a high position, those without positions can consider laying out a plan to go south.

From a technical point of view, the current four-hour level is a move out of the three waves to the upside. The absence of a break above for a long time indicates that the pressure is very obvious and it is not good to break through. At most, after four waves, it will give a pullback. Either go straight down today. MACD indicator and bulls shrink. At the moment this candlestick is not closing particularly well. But there is a clear feeling that the bulls are slowing down. Intra-day southward movement is the mainstay.

BTC trading suggestion: around 87800, move south
Target: 85000 #BTC# #ETH#