Based on price action observation, Bitcoin repeatedly oscillates around the key psychological level of $90,000 but fails to break through effectively, indicating strong selling pressure at this level. The 4-hour chart forms a potential double top pattern, with the neckline support around $88,500. If the price drops sharply below this level with increased volume, the short-term top structure will be confirmed, potentially triggering a technical sell-off, testing the support zone of $86,500-$85,500.

Momentum indicators issue a divergence warning signal. Although the price hovers near $90,000, the 4-hour RSI and MACD show a clear bearish divergence, with the price making higher highs while the indicators make lower highs, suggesting that upward momentum is waning and bullish strength is weakening. Meanwhile, on the 1-hour timeframe, trading volume shows a shrinking trend during the rebound, indicating insufficient willingness to chase higher and a lack of sustained capital support for the rally.

Key resistance zones remain effective. The previous high in the $91,500-$92,000 range forms a clear strong resistance zone, with multiple failed attempts to break through reinforcing its technical significance. Until volume increases to push through this area, the overall trend can still be viewed as a high-level consolidation pattern, with a risk of forming a temporary top. For trading strategies, aggressive traders may consider short positions near resistance levels with signs of stagnation, setting stop-loss above the previous high. Conservative traders should wait for confirmation of a breakdown below the neckline support at $88,500 before taking action. #Gate每10分钟送1克黄金 $BTC

(Note: Market conditions are constantly changing. The above analysis is based solely on current chart technicals and does not constitute any investment advice. Cryptocurrency markets are highly volatile; please manage risks carefully and make independent, prudent decisions.)