Tonight's Non-Farm Payrolls are coming, what will be the outcome? Looking at the 4-hour chart, Bitcoin's price has been declining from its high point, with multiple rebounds being limited by the short-term moving average pressure bands formed by EMA15/30, confirming a short-term bearish dominance. Currently, the candlesticks are continuously under pressure below EMA15, and the market's focus is gradually shifting downward. Each rebound provides a new point of strength for further decline! On the short-term 1-hour chart, the price is stuck in a narrow range around 710, temporarily balancing. However, under the overall bearish pressure from the daily and 4-hour charts, this sideways zone is more likely to serve as a "bearish continuation" zone. If a significant rebound cannot be formed for a long time, a prolonged consolidation will likely lead to a breakdown, opening a new downward move! Coupled with tonight's data impact, I personally expect a significant downward move to open! Suggest entering around 715 with a light position, short-term target 705-695, and a long-term target near 67,800! #PI #BTC #ETH

The weekly RSI is forming a falling wedge in a 1-2-3-4-5 pattern — and Mariano is tracking where we are in that sequence 🔍 If this mirrors 2022, RSI goes up while price goes SIDEWAYS then pukes. The real bottom? Probably July. Full data breakdown: #Bitcoin #RSI #WeeklyBitcoin #BearMarket #CryptoFibonacci