$BTC has been fluctuating in the cryptocurrency market, and mentality is the best "stop-loss line" and the most stable "profit anchor."
The Bollinger Bands are flat horizontally, indicating that the current market is primarily in a consolidation phase and not a trend reversal signal. If the price breaks above the middle band, the Bollinger Bands may open upwards again, further creating rebound space. During the pullback process, the candlestick chart shows an alternating pattern of small bearish and bullish candles, indicating that the bearish momentum has weakened after the previous decline. Currently, bulls are gradually counterattacking, recovering some lost ground, forming a "bottom consolidation and accumulation" structure. Overall, the bulls still have upward potential this evening, and attention should be paid to the validity of the middle band breakout and the accompanying volume.
- Bitcoin: Long in the range of 118200-118500, target 122200
- Ethereum: Long in the range of 3555-3585, target 3700#币安HODLer空投C #山寨币突破 #ETH突破3600 #美国众议院通过三项加密货币法案 #币安HODLer空投ERA