Afternoon Pancake
After the early rebound at 110800, it has continued to rise slowly, currently reaching a high of 113300. Although the market has provided some rebound space, the four-hour Bollinger Bands are still in a downward channel. Currently, it is being suppressed by the upper band and cannot break through. Overall, it remains in a downward trend, and the rebound has not changed the larger direction. In the future, pay close attention to the pressure levels at 113500 and 114000. If it cannot effectively break through these two points, watch for levels around 112000-111000.
After the early rebound at 110800, it has continued to rise slowly, currently reaching a high of 113300. Although the market has provided some rebound space, the four-hour Bollinger Bands are still in a downward channel. Currently, it is being suppressed by the upper band and cannot break through. Overall, it remains in a downward trend, and the rebound has not changed the larger direction. In the future, pay close attention to the pressure levels at 113500 and 114000. If it cannot effectively break through these two points, watch for levels around 112000-111000.
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BTC
107,783.97
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