5.5 Morning Analysis:
The morning started with a waterfall drop in Bitcoin, and after two days of adjustment over the weekend, the price of the currency continues to decline. In the four-hour chart, Bitcoin has broken below the lower Bollinger Band, and trading volume has surged, possibly indicating a concentrated release of bearish strength. At this moment, it is crucial to pay attention to: first, whether the lower Bollinger Band continues to slope downward, and second, whether the negative values of the MACD histogram continue to extend. If both occur simultaneously, it indicates that the downward trend has entered the 'main decline wave' stage, and investors need to remain vigilant and respond cautiously.
Trading Suggestions:
Bitcoin: Range around 94900-95400, target looking down at around 92800-93300.
Ethereum: Range around 1840-1870, target looking down at around 1730-1760.