Previously, we observed the Bitcoin market around 94,200, with the姨太 at approximately 3,270. The actual market results have also reflected this, and our positioning remains cautious. After the weekend correction, the market is currently oscillating around 95,000, with the姨太 at about 3,330. The market volatility is small, and we are still lightly testing.
In the four-hour structure of Bitcoin, the candlesticks have consistently been operating within the lower middle band, with the fluctuation range moving downward. The Bollinger Bands are narrowing, and the MACD shows relatively weak values. The fast and slow lines continue to converge downward. The downward trend still exists. In the one-hour structure, although the candlesticks show a series of bullish rises, they are now facing resistance at the middle band. The bullish candlestick bodies are diminishing, indicating weakening bullish momentum. Overall, the outlook remains bearish.
Bitcoin around 95,100-95,400, watch closely at 94,400;姨太 at about 3,350, watch at 3,310.
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Previously, we observed the Bitcoin market around 94,200, with the姨太 at approximately 3,270. The actual market results have also reflected this, and our positioning remains cautious. After the weekend correction, the market is currently oscillating around 95,000, with the姨太 at about 3,330. The market volatility is small, and we are still lightly testing.
In the four-hour structure of Bitcoin, the candlesticks have consistently been operating within the lower middle band, with the fluctuation range moving downward. The Bollinger Bands are narrowing, and the MACD shows relatively weak values. The fast and slow lines continue to converge downward. The downward trend still exists. In the one-hour structure, although the candlesticks show a series of bullish rises, they are now facing resistance at the middle band. The bullish candlestick bodies are diminishing, indicating weakening bullish momentum. Overall, the outlook remains bearish.
Bitcoin around 95,100-95,400, watch closely at 94,400;姨太 at about 3,350, watch at 3,310.