#BTC走势分析 Evening Silk Road

This afternoon, the persimmon market showed a stepwise ↑ trend, with the price of Dian Wei gradually rising from 104600 to a peak of 105800. Subsequently, affected by short-term pressure, it quickly fell back to 104800, currently maintaining a narrow range of fluctuations within this interval.

Intraday fluctuations show that Du Tou attempted to break through the previous peak, but the subsequent momentum is lacking, and the current fluctuation range has not been broken. From the hourly Bollinger Bands perspective, the channel opening continues to expand ↑, reflecting a significant increase in short-term volatility in the persimmon market. However, strong resistance is formed near the upper band at 105800, and the opening pattern further indicates that the competition between both sides is becoming increasingly fierce.

From the analysis of the four-hour cycle trend, a strong upward movement occurred after effectively breaking through the descending trendline, successfully stabilizing above the important psychological level of 103,000, indicating that market selling pressure has been sufficiently released. However, it is noteworthy that there is significant resistance at the 106000 line, which remains the key pressure point of the current market conditions.

The first pancake is fluctuating around 105700-164000, looking towards 104300-103400, and if broken, aims for 101000.

The second pancake is fluctuating around 2440-2480, looking towards 2380-2350.