Evening Analysis

The afternoon Bitcoin has been consolidating in the range of 116300-117000, with volatility continuing to narrow, resulting in a brief balance between bulls and bears. The hourly Bollinger Bands show three parallel lines, indicating that short-term volatility space is compressed, and the market is in a consolidation phase, with trend momentum temporarily paused.

In terms of operations, Bitcoin can be positioned for long positions in the range of 115500-116000, with targets set at 117500-118500;

For the second Bitcoin, long positions can be taken in the range of 3850-3880, with targets of 3950-4000. $BTC $ETH #比特币流动性危机