8.20 Morning Analysis
The main coin can fluctuate around 113600-114200
The target can look at around 112500-112000
The secondary coin can fluctuate around 4150-4220
The target can look at around 4050-4000
Reviewing the night, the main coin continued the downward trend from the line of 115900, hitting a low of 112700, and then entered a narrow consolidation phase, with a slight slowdown in the short-term downward rhythm.
From the hourly Bollinger Bands perspective, the current three lines show a parallel downward slope, and the overall downward channel structure has not changed, indicating that the dominant position of the downward trend is still ongoing.
Meanwhile, the secondary coin has gradually moved away from the previously sustained downward pressure area and is slowly approaching the middle band, reflecting a temporary convergence in the short-term downward momentum release, indicating a technical correction demand in the market, but no clear trend reversal signal has formed yet.
