9.7 Morning Analysis
Reviewing the night, the Bitcoin dropped from the 111000 line 📉 to around 109900, then entered a narrow consolidation range.
From the hourly Bollinger Bands perspective, the three lines show a downward divergence pattern, with short-term momentum dominating the market; meanwhile, Dian Wei 📉 broke down and returned to the channel, confirming the initial support below, but constrained by the middle band pressure.
Therefore,
Bitcoin can be focused around 110800, 111400
↓ look at 109600-109000
Ethereum can be focused around 4340-4390
↓ look at 4220-4150
