The daily chart shows that the major index has retraced to the middle band of the Bollinger Bands and found support. The retracement strength is insufficient, indicating weakened selling pressure, and a rebound trend is gradually emerging.
The four-hour indicators show a decline in bearish momentum, warming up towards the zero line, while the hourly chart is led by bullish candlesticks, with a death cross diverging and bottoming divergence, indicating strong bullish momentum. Multiple timeframes are showing bearish decay and bullish warming, suggesting a short-term continuation of the rebound.
In the morning, go long in the 116200-116800 range, targeting 119000. $BTC #加密市场回调
