9.6 Evening Analysis
Reviewing the intraday trend, the cryptocurrency has continued the urgent downturn from the previous evening 📉, with the rebound momentum persistently lacking. The entire day was trapped in a narrow oscillation and consolidation state, with no effective breakout direction, maintaining a weak adjustment rhythm overall.
From the hourly Bollinger Bands perspective, the bands are narrowing, reflecting a significant decrease in short-term speculation intensity, with the oscillation range continuing to narrow; all three bands are running horizontally, indicating that the current support and resistance levels are relatively solidified.
Meanwhile, the asset has consistently stayed near the middle band ↓, which has transformed into a short-term resistance level — multiple attempts to rise ↑ have not been able to stabilize, highlighting insufficient bullish force, and in the short term, it is still dominated by weak market conditions.
Therefore,
the cryptocurrency can revolve around 111200, 111700
↓ looking at 110200-109700
another cryptocurrency can revolve around 4350, 4400
↓ looking at 4240-4180
