From the 4-hour timeframe, the bullish momentum during the market rebound is nearing its end, and the continuation of the trend is significantly suppressed. The current price is oscillating around the middle band of the Bollinger Bands, and the strength of resistance in this area will become a core reference for future positioning, requiring close monitoring of the battle between bulls and bears at this juncture.
Switching to the 1-hour level, although the market is running near the upper band of the Bollinger Bands and has formed multiple bullish candles, the bodies of the bullish candles continue to narrow, indicating a clear lack of willingness for the market to chase higher prices, and substantial signals of trend continuation have emerged as blocked. $BTC $ETH #币安HODLer空投DOLO