The weakness of Bitcoin on the 4-hour chart is highlighted: after a small pullback, the price moves away from the middle track of the Bollinger Bands, with the range shifting downwards, and a high probability of continued decline as the Bollinger Bands contract. Although it shows a narrow range fluctuation, the rebound strength is gradually weakening, and there is no obvious support for the downward movement, still exploring the bottom.
The overall short-term trend is weak, this round of adjustment has lasted a long time, and the rebound has not broken through key resistance, with upward pressure continuing to decrease. It is recommended to rely on rebound resistance levels for short positions and avoid blindly chasing long positions.
Operating Strategy: - Layout a single order near the BTC 108500-109000 range, with a target down to 107000 and a defense of 500 points. #Gate重磅上线GUSD##ETH走势分析##Solana财库公司崛起#
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9.1 Morning BTC Trend Analysis:
The weakness of Bitcoin on the 4-hour chart is highlighted: after a small pullback, the price moves away from the middle track of the Bollinger Bands, with the range shifting downwards, and a high probability of continued decline as the Bollinger Bands contract. Although it shows a narrow range fluctuation, the rebound strength is gradually weakening, and there is no obvious support for the downward movement, still exploring the bottom.
The overall short-term trend is weak, this round of adjustment has lasted a long time, and the rebound has not broken through key resistance, with upward pressure continuing to decrease. It is recommended to rely on rebound resistance levels for short positions and avoid blindly chasing long positions.
Operating Strategy:
- Layout a single order near the BTC 108500-109000 range, with a target down to 107000 and a defense of 500 points.
#Gate重磅上线GUSD# #ETH走势分析# #Solana财库公司崛起#