#美联储回购协议计划 $BTC Evening Trend Analysis:

From the chart, Bitcoin first broke out of the flag pattern but was rejected at the resistance line @89449@. It then retested the upper boundary of the flag for support and rebounded. The second wave of the rebound has occurred, with a slightly higher high than the first wave—although the increase is modest, the direction is correct. Unfortunately, it is still stuck at @89449@, once again being blocked back, and retesting the upper boundary of the flag.

This resistance @89449@ is indeed tough, repeatedly suppressing the rebound. The next critical point: if this rebound cannot stabilize and the second wave's high cannot break through @89449@, then the upper boundary of the flag will be at risk—once broken, the market will retreat into the flag for further consolidation, with support at @86785@. Only by thoroughly overcoming this @89449@ hurdle can it enter a higher consolidation zone; otherwise, it will remain in the wide-range oscillation between @89449@ and @86785@.

**Trading Rhythm**:
- When Bitcoin volume breaks through around @89384@, go long; but if it drops below @88349@ with volume and cannot rebound, then go short on the right side. Remember to set stop-loss.
- Hourly chart: Breaking and stabilizing above @89449@ is key, with targets at @90557@ and @91368@. If it cannot hold @89449@, don’t expect a rally.
- 4-hour chart: Support at @88352@; if broken, expect a pullback, with downside targets at @87613@ and @86871@.

**Deeper Logic**:

On the 4-hour chart, there is a trend line continuously suppressing upward movement. Above, there is also the Fibonacci 50% level at @89519@—this is not an easy hurdle to break through. The market must overcome resistance one by one: first surpass @89519@ at 50%, then look at the 61.8% level at @90241@, and finally aim for the 1:1 target at @92581@.

Currently, Bitcoin on the 4-hour chart has tested @89519@ twice. Whether it can truly break through this time is crucial. If it gets suppressed again, a three-candle top pattern may form, indicating a potential pullback. Keep an eye on volume changes—volume is key to the game.