Analysis at 8:3 AM



Reviewing the evening, Bitcoin maintained a fluctuating consolidation in the range of 112600-113900, with a relatively smooth rhythm.

From the hourly Bollinger Bands perspective, the upper band is continuing to flatten, indicating that the short-term upward resistance level is relatively stable, and the upward breakout momentum has yet to be released.

The guideline moves downwards at a noticeable slope, creating a gradually widening opening shape with the upward track. This characteristic usually reflects that the short-term volatility in the persimmon market is strengthening, and the divergence of the momentum is increasing.

Dian Wei's center of gravity continues to run close to the lower track, indicating that the current short-term trend shows a slight dominance of the long-term strength, while Dian Wei is exhibiting a relatively weak consolidation phase during the oscillation process.
Therefore
The big cake can be arranged near the range of 113600-114200.
The target can be seen near the range of 112600-112000.
The second pancake can be arranged near the range of 3500-3540.
The target can be seen around the range of 3440-3400 #加密总市值破4万亿美元# #美联储维持利率不变#
BTC0.46%
ETH-0.5%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)