$BAND BAND Today's Market Analysis:
Currently, the 1-hour, 2-hour, and 4-hour levels clearly indicate a bearish trend, and the daily chart level is also under bearish control. For long positions and bottom fishing operations, it is recommended to remain calm and patiently wait for better opportunities.
From the daily chart perspective, as long as the price remains below 0.8237, the overall market is in a bearish state.
In the short term, especially at the 4-hour level, if the market rebound fails to break through key resistance levels of 0.8426, 0.8612, and 0.8955, the bearish trend will continue.
The target for this round of short positions can be set around the areas of 0.7494, 0.7223, and 0.6722.
For investors holding spot short positions, it is recommended to build positions in batches around the areas of 0.7223 and 0.6722, taking advantage of the market's pullback to optimize the position structure and capture potential gains.
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