#比特币与黄金战争 Looking at the 4-hour K-line of BTC, the recent trend is quite interesting—clear wedge resistance, the price has been stuck below the middle band of the Bollinger Bands, short-term moving averages are all tangled together, and the MACD is still sitting below the zero line. Although the bearish candles have shrunk somewhat, the overall trend remains bearish.

Looking at the 1-hour chart gives a better sense of what "repeated torment" means. The bulls tried several times to push higher, but each time they left long upper shadows and pulled back, clearly showing weakness. This kind of situation must wait for a wave of decline to complete before the pattern can be truly confirmed.

As for trading ideas, BTC can consider shorting within the 88000-88800 range, with the first target around 86500.