For BTC, there is a transition into a sustainable downtrend on the 4-hour timeframe. With basic targets of $89,368, $87,947, and $86,525. The level of potential breakdown is $92,923.
In this situation, for our long position, we set a stop at $89,188.37$ in positive breakeven, covering commission and funding. Because the risk of continued correction has now increased. Even despite the abundance of potential support levels on the 4-hour timeframe and above.
In case of continued correction, we will look for new reversal signals and the reaction from important horizontal levels.


