$BTC $BTC
Another wave of decline in the early morning price comparison has arrived, reaching a low point around 102200. Currently, the price comparison has entered a weekend consolidation pattern, with fluctuations not expected to be large, likely continuing to operate within a range. The Bollinger Bands show signs of contraction, with prices fluctuating between the middle and lower bands. The MACD indicator's fast and slow lines are operating below the zero axis, with green momentum bars weakening, indicating a reduction in short-term downward momentum.
For Ethereum, the four-hour chart also shows a contraction in the Bollinger Bands, with prices fluctuating around the middle band. The MACD indicator's fast and slow lines are converging near the zero axis, with weak red momentum bars, indicating a balance of bullish and bearish forces in the market. The short-term moving average indicators at the hourly level are intertwined, with no obvious trend.