$BTC
Just now, the big pancake rose to the 102000 line we mentioned at noon and then plummeted sharply. It seems that there is significant pressure at this level, and the bulls simply can't hold on. The opportunity is right here; if you miss it, you could suffer significant losses.
Looking at the four-hour chart, the big pancake price is stuck at the lower Bollinger Band, with all three bands trending downward, clearly indicating that the bears are in control. The price being at the lower band suggests that the short-term decline has reached a point, but it is being constrained by the middle band, unable to move. All three bands pointing downward indicates that the trend is bearish in the short, medium, and long term, and it is estimated that it will continue to drop in the short term.
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