8.27 Morning Analysis
The first coin can revolve around 111900, 112600
↓ looking at the area around 110300-109600
The second coin can revolve around 4600, 4650
Target can look at the area around 4500-4430
Reviewing the night, the first coin showed a "surge and retreat" trend, Dian Wei started to rise from the 109300 line ↑, the highest touched around 112300, then the upward momentum gradually weakened, and it gradually retreated, completing a short-term ↑ attack and profit-taking process.
From the hourly Bollinger Bands, it shows an "opening expansion" pattern. After Dian Wei broke out ↑ of the upper band, it drove the upper band to diverge upwards simultaneously, opening up an upward channel in the short term; however, after the breakout, it lacked sustained volume support and immediately retreated back into the channel, reflecting that the current market's short-term upward action momentum has been released in stages.
