Yesterday, the Bitcoin market showed a significant shadow line, touching the bottom at 93,600 points. In the previous days, there were also continuous large downward spikes, but there was no sustained significant downward breakthrough, continuously testing the lower space. Recently, market sentiment has been quite complex. On one hand, with the large fluctuations of Bitcoin, the emotions of market participants have also fluctuated. Some investors are excited about Bitcoin's rapid rise, while others are concerned about the risk of market correction. On the other hand, from a more macro perspective, there is still a significant divergence in the market regarding Bitcoin's long-term prospects. Currently, there is no obvious unilateral trend at the 4-hour level; the overall situation is in a high-level oscillation. #下一个换谁涨? #ETH持续飙升
From the 4-hour level, the current market is operating near the middle track of the Bollinger Bands, with the current shadow line being too long, creating a tug-of-war. During the day, it is still a high-level strategy for trading in the Silk Road layout. In the medium to long term, Bitcoin still shows an upward trend. From the daily level, the Bollinger Bands are in a narrowing state, with the middle track acting as a strong resistance level. $BTC $ETH $XRP
Bitcoin: 96,000-95,500 trading range, looking at 94,900.
Auntie: 3,660-3,640 trading range, looking at 3,590.