The current cryptocurrency market is in a bottom consolidation phase, with bearish momentum significantly weakening. On the 1-hour chart, the price is oscillating near the lower Bollinger Band, with a lack of continuation in downward K-line movements. The support at the lower band is strengthening, and a typical bottoming pattern has already emerged, with rebound momentum gradually building up. Given that the price has not effectively broken below the support level, the strong bottoming pattern is confirmed. The outlook for tonight and subsequent arrangements is clear: primarily rely on existing support levels, adopt a low-buying strategy, and cautiously chase short positions.
Suggestion: Buy in the 90000–91000 range, target: 92000, 93000, 94000#比特币六连涨
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$BTC 1.8 Early Morning Analysis
The current cryptocurrency market is in a bottom consolidation phase, with bearish momentum significantly weakening. On the 1-hour chart, the price is oscillating near the lower Bollinger Band, with a lack of continuation in downward K-line movements. The support at the lower band is strengthening, and a typical bottoming pattern has already emerged, with rebound momentum gradually building up. Given that the price has not effectively broken below the support level, the strong bottoming pattern is confirmed. The outlook for tonight and subsequent arrangements is clear: primarily rely on existing support levels, adopt a low-buying strategy, and cautiously chase short positions.
Suggestion: Buy in the 90000–91000 range, target: 92000, 93000, 94000#比特币六连涨